Missouri § 354.340 - Unsatisfied judgments against corporation — suspension or revocation of certificate of authority until judgment satisfied.
Full text of Missouri Revised Statutes of Missouri § 354.340 — Unsatisfied judgments against corporation — suspension or revocation of certificate of authority until judgment satisfied., with citation guidance and answers to common questions.
§ 354.340. Unsatisfied judgments against corporation — suspension or revocation of certificate of authority until judgment satisfied.
Whenever any judgment shall be obtained in any of the courts of this state against any corporation subject to the provisions of sections 354.010 to 354.380 doing business in this state, and said judgment shall remain unsatisfied for fifteen days after execution shall have been lawfully issued thereon, the certificate of authority or license to do business issued or granted to such corporation shall immediately be suspended or revoked by the director of the department of commerce and insurance, upon said director being notified thereof, and such insurance company shall, after such suspension or revocation, be prohibited from transacting any business in this state until such judgment shall be satisfied.
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(L. 1983 H.B. 127)
---- end of effective 28 Aug 1983 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 354.340
What does Revised Statutes of Missouri § 354.340 cover?
Section 354.340 ("Unsatisfied judgments against corporation — suspension or revocation of certificate of authority until judgment satisfied.") 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 § 354.340?
A common citation format is "Revised Statutes of Missouri § 354.340" (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 § 354.340 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.