Missouri § 357.010 - Authorization of cooperative plan — purposes — other corporations may convert to cooperatives, procedure.
Full text of Missouri Revised Statutes of Missouri § 357.010 — Authorization of cooperative plan — purposes — other corporations may convert to cooperatives, procedure., with citation guidance and answers to common questions.
§ 357.010. Authorization of cooperative plan — purposes — other corporations may convert to cooperatives, procedure.
1. Any number of persons, not less than twelve, may associate themselves together as a cooperative association, society or exchange, having all the incidents, powers and privileges of corporations, for the purpose of producing or furnishing goods, services, or housing, or for the purpose of conducting any agricultural or mercantile business on the cooperative plan, including the buying, selling, manufacturing, storage, transportation or other handling or dealing in or with, by associations of agriculturists, of agricultural, dairy or similar products, and including the manufacturing transformation of such articles into products derived therefrom, and for the purpose of the purchasing of or selling to all shareholders and others groceries, provisions and all other articles of merchandise.
2. For the purposes of this section the words "association", "company", "corporation", "society" or "exchange" shall be construed to mean the same.
3. A corporation, other than a cooperative incorporated under this chapter, may convert itself into a cooperative, if such corporation can qualify as a cooperative under the provisions of this chapter, by adopting an amendment to its articles of incorporation by which it elects to become subject to the provisions of this chapter. Such amendment shall include all information required by section 357.020 and may include any desirable changes permitted by this chapter. Such amendment shall be adopted, filed and recorded in the manner provided by law applicable to the corporation prior to such conversion, except that the fee for such amendment shall be that amount required of a newly formed cooperative as set forth in section 357.060.
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(RSMo 1939 § 14406, A.L. 1985 S.B. 300)
Prior revisions: 1929 § 12748; 1919 § 10247
---- end of effective 28 Aug 1985 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 357.010
What does Revised Statutes of Missouri § 357.010 cover?
Section 357.010 ("Authorization of cooperative plan — purposes — other corporations may convert to cooperatives, procedure.") 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 § 357.010?
A common citation format is "Revised Statutes of Missouri § 357.010" (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 § 357.010 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.