Missouri § 351.386 - Purposes.
Full text of Missouri Revised Statutes of Missouri § 351.386 — Purposes., with citation guidance and answers to common questions.
§ 351.386. Purposes.
1. Every corporation incorporated under this chapter may engage in any lawful business unless a more limited purpose is set forth in the articles of incorporation; however, the corporation shall not be restricted to this limited purpose, unless it has stated it is so restricted in its articles of incorporation.
2. A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.
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(L. 1990 H.B. 1432, A.L. 1991 H.B. 219)
Effective 5-29-91
---- end of effective 29 May 1991 ----
Frequently Asked Questions About Missouri § 351.386
What does Revised Statutes of Missouri § 351.386 cover?
Section 351.386 ("Purposes.") 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 § 351.386?
A common citation format is "Revised Statutes of Missouri § 351.386" (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 § 351.386 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.