Missouri § 238.357 - Dissolution by board, procedures.
Full text of Missouri Revised Statutes of Missouri § 238.357 — Dissolution by board, procedures., with citation guidance and answers to common questions.
§ 238.357. Dissolution by board, procedures.
1. Whenever the board by resolution shall determine that the purposes for which the corporation was formed have been complied with and that all obligations of the corporation have been fully paid or that appropriate judicial action to conclude the affairs of an insolvent corporation has been completed, the board shall, with the commission's prior written approval, dissolve the corporation.
2. It is unnecessary for the board of an insolvent corporation or the commission to take any action to dissolve that corporation if a receivership or other appropriate judicial action has already concluded the affairs of that corporation. A copy of the appropriate order or decree in the judicial proceeding shall be filed with the secretary of state, who shall issue a certificate of dissolution of that insolvent corporation without charge.
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(L. 1990 S.B. 479 & 649 § 33)
Effective 5-30-90
---- end of effective 30 May 1990 ----
Frequently Asked Questions About Missouri § 238.357
What does Revised Statutes of Missouri § 238.357 cover?
Section 238.357 ("Dissolution by board, procedures.") 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 § 238.357?
A common citation format is "Revised Statutes of Missouri § 238.357" (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 § 238.357 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.