At each such meeting a vote of the shareholders entitled to vote thereat shall be taken on the proposed plan of merger or consolidation. The plan of merger or consolidation shall be approved upon receiving the affirmative vote of the holders of at least two-thirds of the outstanding shares entitled to vote at such meeting, of each of such corporations.
Mo. Rev. Stat. § 351.425
Voting by shareholders on plan for merger or consolidation
Known as the Missouri Cooperative Associations Act
The act spans §§ 351–351 (291 sections).
Applied in 1 court decision — leading case Levin v. Mississippi River Fuel Corp. (1967)
Most recently applied in Levin v. Mississippi River Fuel Corp. (February 1967)
Effective: 28 Aug 1943; (L. 1943 p. 410 § 65)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.