Missouri Statutes
§ 355.216 — Purchase of membership, restrictions.
Missouri § 355.216
JurisdictionMissouri
Title XXIIICORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Ch. 355Nonprofit Corporation Law
This text of Missouri § 355.216 (Purchase of membership, restrictions.) 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. § 355.216 (2026).
Text
1.A public benefit corporation may not purchase any of its memberships or any right arising therefrom.
2.A mutual benefit corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions set forth in or authorized by its articles or bylaws. No payment shall be made in violation of section 355.661 .
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Legislative History
(L. 1994 H.B. 1095)
Effective 7-01-95
Nearby Sections
15
§ 355.001
Citation of law.§ 355.011
Filing requirements.§ 355.016
Forms.§ 355.021
Fees.§ 355.023
Additional fee — expiration date.§ 355.025
Purposes for which organized.§ 355.026
Effective date of documents.§ 355.031
Correction of filed documents.§ 355.041
Mandamus action to compel filing.§ 355.046
Evidentiary effect of certificate.§ 355.051
Certificate of existence.§ 355.056
False document — penalty.§ 355.061
Power of secretary of state.Cite This Page — Counsel Stack
Bluebook (online)
Missouri § 355.216, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/355/355.216.