2011 Missouri Revised Statutes
TITLE XXV INCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS
Chapter 388 Railroad Corporations
Section 388.070. Election of directors--terms of office.
Election of directors--terms of office.
388.070. Any railroad corporation heretofore or hereafter organized under the laws of this state may elect its directors for one or more years, not to exceed three years, the time of service and mode of classifications to be provided for by the bylaws of the corporation; provided, however, that there shall be an annual election for such number or proportion of directors as may be found upon dividing the entire number of directors by the number of years composing a term.
(RSMo 1939 5127)
Annotation Copyright Missouri Joint Committee on Legislative Research
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