No proxy for voting shares of a professional corporation shall be valid unless it shall be given to a qualified person. A voting trust with respect to shares of a professional corporation shall not be valid unless all the trustees and beneficiaries thereof are qualified persons; except that, a voting trust may be validly continued for a period of six months after the death of a deceased beneficiary or for a period of six months after a beneficiary has become a disqualified person.
Mo. Rev. Stat. § 356.121
Proxies and voting trusts, valid when
Known as the The Professional Corporation Law
The act spans §§ 356–356 (28 sections).
Effective: 28 Aug 1986; (L. 1986 H.B. 1230)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.