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the Missouri Revised Statutes
2012 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362 Banks and Trust Companies
Section 362.090 Par value of preferred stock issued and offered for sale.
Universal Citation:
MO Rev Stat § 362.090 (2012)
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Par value of preferred stock issued and offered for sale.
362.090. No shares of preferred stock having a par value of less than twenty dollars nor more than one hundred dollars shall be issued by any corporation to which sections 362.075 to 362.100 apply; and no such shares shall be sold under authority of this law for less than one hundred cents on the dollar of the par value thereof net to the issuing corporation; and no such shares shall be valid until one hundred percent of the par value thereof in lawful money of the United States has been paid into the treasury of the issuing corporation.
(RSMo 1939 8011)
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