Public-domain · open source
OpenJurist

Mo. Rev. Stat. § 351.905

Restricted transfer of uncertificated shares

Known as the Missouri Cooperative Associations Act

The act spans §§ 351–351 (291 sections).

Effective: 28 Aug 1990; (L. 1990 H.B. 1432)

1. The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions released under section 351.915.

2. The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until these rights are cancelled or modified by the taking of the proposed corporate action.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.