2005 Missouri Revised Statutes - § 275.070. — Capital stock to be divided into shares--value of stock.
275.070. 1. That associations organized under the provisions of this chapter shall have a capital stock divided into shares having a par value, or having no par value, as the incorporators in their articles of association may determine.
2. If such shares have a par value, the par value thereof shall not be less than ten dollars nor more than one hundred dollars, and if such shares have no par value, they may be issued to the incorporators and others at not less than ten dollars nor more than one hundred dollars per share, as shall be determined by the incorporators in their articles of association.
(RSMo 1939 § 14371)Prior revision: 1929 § 12713
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
