Missouri § 354.320 - Corporate funds and securities use for private gain by officers and employees prohibited, penalty.
Full text of Missouri Revised Statutes of Missouri § 354.320 — Corporate funds and securities use for private gain by officers and employees prohibited, penalty., with citation guidance and answers to common questions.
§ 354.320. Corporate funds and securities use for private gain by officers and employees prohibited, penalty.
No officer, enrollment representative or employee of any corporation subject to the provisions of sections 354.010 to 354.380, formed under the laws of this state, or doing business herein, shall, directly or indirectly, use or employ, or permit others to use or employ, any of the money, funds or securities of such corporation for private profit or gain, except for reasonable compensation for services performed and reimbursement for expenses incurred, and any such use shall, upon conviction thereof, be a class E felony.
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(L. 1983 H.B. 127, A.L. 2014 S.B. 491)
Effective 1-01-17
---- end of effective 01 Jan 2017 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 354.320
What does Revised Statutes of Missouri § 354.320 cover?
Section 354.320 ("Corporate funds and securities use for private gain by officers and employees prohibited, penalty.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 354.320?
A common citation format is "Revised Statutes of Missouri § 354.320" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 354.320 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.