State Codes and Statutes
Statutes > Missouri > T17 > C275 > 275_070Capital stock to be divided into shares--value of stock.
275.070. 1. That associations organized under theprovisions of this chapter shall have a capital stock dividedinto shares having a par value, or having no par value, as theincorporators in their articles of association may determine.
2. If such shares have a par value, the par value thereofshall not be less than ten dollars nor more than one hundreddollars, and if such shares have no par value, they may be issuedto the incorporators and others at not less than ten dollars normore than one hundred dollars per share, as shall be determinedby the incorporators in their articles of association.
(RSMo 1939 § 14371)Prior revision: 1929 § 12713
