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Close Corporations A statutory close corporation's shareholders generally may not transfer their shares of stock without allowing the corporation's other shareholders a right of first refusal and the corporation may operate without a board of directors and in some instances without bylaws.
Any action which is required to be or may be taken at a meeting of the directors, or of the executive committee or any other committee of the directors, may be taken without a meeting if, setting forth the action so taken, all of the members of the board or of the committee, as the case may be, consent thereto in ...
The Missouri Limited Liability Company Act outlines rules and regulations for establishing and operating a limited liability company (LLC) in this state.
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.
If the child is physically or mentally incapacitated from supporting himself and insolvent and unmarried, the court may extend the parental support obligation past the child's eighteenth birthday.
Missouri Revised Statute § 351.290 contains plenty of rules for making, amending and repealing bylaws, but it doesn't explicitly require a corporation to have them. However, bylaws are essential for establishing the rules of your corporation and proving your credibility to investors.