By unanimous agreement persons desiring to associate themselves together for the purpose of forming a corporation to conduct any agricultural or mercantile business for the purpose of producing or furnishing goods, services or housing on the cooperative plan under this chapter may issue both preferred and common stock in such corporation.
Mo. Rev. Stat. § 357.040
Issuance of common and preferred stock
Effective: 28 Aug 1985; (RSMo 1939 § 14408, A.L. 1985 S.B. 300)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.