The Missouri Amended Articles Accepting Close Corporation Law is a set of statutes that govern the formation, operation, and dissolution of close corporations in the state of Missouri. Close Corporations are entities that are composed of a few shareholders, where each shareholder has a significant degree of control over the company. This law allows for shareholders to form close corporations by filing articles of incorporation with the Missouri Secretary of State. The law outlines the different rights and responsibilities of shareholders, directors, and officers, as well as the requirements for filing and maintaining the articles of incorporation. The Missouri Amended Articles Accepting Close Corporation Law consists of three different types of Articles: Original Articles, Amended Articles, and Restated Articles. Original Articles are the initial documents that are filed with the Secretary of State when forming a close corporation. Amended Articles are used to make changes to the corporation’s articles of incorporation, such as changing the name of the corporation or increasing the number of authorized shares. Restated Articles are used when the articles of incorporation are in need of a complete overhaul, such as when the corporation is merging with another company. The Missouri Amended Articles Accepting Close Corporation Law is designed to ensure that close corporations in the state of Missouri are formed and operated in accordance with the law. The law provides a framework for shareholders to exercise control over the corporation and to protect their interests.