Missouri § 354.320 Corporate funds and securities use for private gain by officers and employees prohibited, penalty.

Missouri Statutes

§ 354.320 — Corporate funds and securities use for private gain by officers and employees prohibited, penalty.

Missouri § 354.320

Title XXIIICORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Ch. 354Health Services Corporations — Health Maintenance Organizations — Prepaid Dental Plans

This text of Missouri § 354.320 (Corporate funds and securities use for private gain by officers and employees prohibited, penalty.) 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. § 354.320 (2026).

Text

No officer, enrollment representative or employee of any corporation subject to the provisions of sections 354.010 to 354.380 , formed under the laws of this state, or doing business herein, shall, directly or indirectly, use or employ, or permit others to use or employ, any of the money, funds or securities of such corporation for private profit or gain, except for reasonable compensation for services performed and reimbursement for expenses incurred, and any such use shall, upon conviction thereof, be a class E felony.

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No officer, enrollment representative or employee of any corporation subject to the provisions of sections 354.010 to 354.380 , formed under the laws of this state, or doing business herein, shall, directly or indirectly, use or employ, or permit others to use or employ, any of the money, funds or securities of such corporation for private profit or gain, except for reasonable compensation for services performed and reimbursement for expenses incurred, and any such use shall, upon conviction thereof, be a class E felony.