2017 Missouri Revised Statutes
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 351 General and Business Corporations
Section 351.572 Authority to transact business required.
Effective 28 Aug 1990
Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 351351.572. Authority to transact business required. — 1. A foreign corporation may not transact business in this state until it obtains a certificate of authority from the secretary of state.
2. The following activities, among others, do not constitute transacting business within the meaning of subsection 1 of this section:
(1) Maintaining, defending, or settling any proceeding;
(2) Holding meetings of the board of directors or shareholders or carrying on other activities concerning internal corporate affairs;
(3) Maintaining bank accounts;
(4) Maintaining offices or agencies for the transfer, exchange, and registration of the corporation's own securities or maintaining trustees or depositories with respect to those securities;
(5) Creating or acquiring indebtedness, mortgages, and security interests in real or personal property;
(6) Securing or collecting debts or enforcing mortgages and security interests in property securing the debts;
(7) Conducting an isolated transaction that is completed within thirty days and that is not one in the course of repeated transactions of a like nature;
(8) Transacting business in interstate commerce.
3. The list of activities in subsection 2 of this section is not exhaustive.
(L. 1990 H.B. 1432)
CROSS REFERENCE:
Foreign registered limited liability partnership not deemed to be transacting business in this state under corporate laws, 347.163