The corporation shall have all the powers, rights and privileges of a corporation organized under chapter 355, except insofar as such provisions are inconsistent with the provisions of sections 354.010 to 354.380, but it shall not commence its business or operations until it receives authority to do so from the director of the department of commerce and insurance, as provided in section 354.055.
Mo. Rev. Stat. § 354.050
General powers of corporation
Effective: 28 Aug 1983, 2 histories; (L. 1973 S.B. 3 § 9, A.L. 1983 H.B. 127)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.