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In Missouri, the statute of limitations for oral contracts is five years, written contracts are 10 years, promissory notes are 10 years, and open-ended debts are five years.
351.409. Conversion of corporation to another business entity, procedure ? certificate of conversion required ? effect of conversion ? inapplicability to nonprofit organizations.
Each corporation may have a president and/or chairman, secretary and treasurer. The same individual may simultaneously hold more than one office. At least three directors are required.
In Missouri, there is a five-year statute of limitations for personal injury claims; but fraud and debt collection claims have a ten-year limit. For criminal charges, there is no limit for murder charges but a one-year statute of limitations for misdemeanors.
351.273. Corporate action may be taken without meeting by written consents.
In Missouri, plaintiffs have up to five years to file a lawsuit for personal injury, defamation, and medical malpractice. However, a maximum of 10 years is allowed for discovery of an injury. Injury to property, trespassing, and enforcement of written contracts carry a five-year statute of limitations.
? (1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.
Meanwhile, a corporation has to file Form Corp. 57 Resolution to Dissolve to start with the winding-up process. Then, it has to file Form Corp. 47 Request for Termination.