Missouri § 370.158 Court may approve or modify reorganization or merger plan.

Missouri Statutes

§ 370.158 — Court may approve or modify reorganization or merger plan.

Missouri § 370.158

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 370Credit Unions

This text of Missouri § 370.158 (Court may approve or modify reorganization or merger plan.) 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. § 370.158 (2026).

Text

1.The director may submit to the court for approval, modification or disapproval any proposed reorganization or merger of the credit union with another credit union.

2.The court may submit the proposed reorganization or merger to the members for approval or disapproval; but the action of the members thereupon shall be only advisory to and not binding upon the court. The court may direct and cause the director to do any and all things necessary to finally complete any sale of assets, reorganization or merger.

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1. The director may submit to the court for approval, modification or disapproval any proposed reorganization or merger of the credit union with another credit union.

2. The court may submit the proposed reorganization or merger to the members for approval or disapproval; but the action of the members thereupon shall be only advisory to and not binding upon the court. The court may direct and cause the director to do any and all things necessary to finally complete any sale of assets, reorganization or merger.