Missouri § 275.090 Stock to be paid for prior to issuance.

Missouri Statutes

§ 275.090 — Stock to be paid for prior to issuance.

Missouri § 275.090

Title XVIIAGRICULTURE AND ANIMALS

Ch. 275Commodity Associations

This text of Missouri § 275.090 (Stock to be paid for prior to issuance.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 275.090 (2026).

Text

No share of stock having a par value shall be issued by any such association unless, and until, the par value thereof has in good faith been paid into the treasury of the association in lawful money of the United States, and no share of capital stock without par value shall be issued by any association until the value thereof, as determined in its articles of association, has in good faith been paid to the treasurer of the association in lawful money of the United States.

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No share of stock having a par value shall be issued by any such association unless, and until, the par value thereof has in good faith been paid into the treasury of the association in lawful money of the United States, and no share of capital stock without par value shall be issued by any association until the value thereof, as determined in its articles of association, has in good faith been paid to the treasurer of the association in lawful money of the United States.