Missouri Statutes

§ 371.130 — Powers of corporation.

Missouri § 371.130
JurisdictionMissouri
Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS
Ch. 371Development Finance Corporations

This text of Missouri § 371.130 (Powers of corporation.) 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. § 371.130 (2026).

Text

Each corporation organized under this chapter shall have power

(1)To sue and be sued, complain and defend, in its corporate name;
(2)To have perpetual succession, unless a limited period of duration is stated in its articles of incorporation;
(3)To adopt a corporate seal and to use it, or a facsimile thereof, as required by law;
(4)To borrow money and otherwise incur indebtedness for any of the purposes of the corporation; to issue its bonds, debentures, notes or other evidences of indebtedness, whether secured or unsecured, therefor; and to secure the same by mortgage, pledge, deed of trust or other lien on its property, franchises, rights and privileges of every kind and nature or any part thereof;
(5)To lend money to, and to guarantee, endorse, or act as surety on the bon

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Legislative History

(L. 1961 p. 157 § 11)

Nearby Sections

15
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Bluebook (online)
Missouri § 371.130, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/371/371.130.