2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 380 County, Town and Farmers' Mutual Property Insurance Companies
Section 380.241. Amendment to articles and bylaws, procedure--fee.
Amendment to articles and bylaws, procedure--fee.
380.241. 1. The articles of incorporation may be amended by a two-thirds vote of the members voting at any meeting of members if members have been given not less than thirty days' notice of such meeting and proposed amendments. After the adoption of an amendment to the articles, a certificate of amendment shall be executed and filed with the director in conformance with section 375.221. Upon receipt of the amendment, the director shall follow the procedure set out in section 375.206. The amendment will become effective subject to section 375.216.
2. Bylaws may be amended as provided therein. All amendments to the bylaws shall be filed with the director. Such bylaws shall not be inconsistent with sections 380.201 to 380.591, any other applicable laws or the articles of incorporation.
3. A fee of ten dollars shall be imposed for each amendment to the articles of incorporation or bylaws filed.
(L. 1984 H.B. 1498)Effective 1-1-85
Annotation Copyright Missouri Joint Committee on Legislative Research
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