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2017 Missouri Revised Statutes
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362 Banks and Trust Companies
Section 362.260 Vacancies in board of directors.
Universal Citation: MO Rev Stat § 362.260 (2017)
Effective 28 Aug 1939
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362362.260. Vacancies in board of directors. — 1. All vacancies in the office of directors shall be filled by election by the stockholders except as herein provided.
2. Vacancies not exceeding one-third of the whole number of the board may be filled by the affirmative vote of a majority of the directors then in office, and the directors so elected may hold office until such vacancies are filled by the stockholders at a special or annual meeting.
(RSMo 1939 § 7961)
Prior revisions: 1929 § 5366; 1919 § 11749
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