Missouri § 380.281 Mergers of certain mutual companies, procedure — merger plan, required contents.

Missouri Statutes

§ 380.281 — Mergers of certain mutual companies, procedure — merger plan, required contents.

Missouri § 380.281

Title XXIVBUSINESS AND FINANCIAL INSTITUTIONS

Ch. 380County, Town and Farmers' Mutual Property Insurance Companies

This text of Missouri § 380.281 (Mergers of certain mutual companies, procedure — merger plan, required contents.) 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. § 380.281 (2026).

Text

Any two or more companies operating under the provisions of sections 380.201 to 380.591 may merge into one of the corporations; and companies operating under the provisions of sections 380.011 to 380.151 may merge into a corporation operating under sections 380.201 to 380.591 in the following manner: The board of directors of each corporation shall approve a plan of merger and direct the submission of the plan to a vote at a meeting of its members. The plan of merger shall set forth:

(1)The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is herein designated as "the surviving corporation";

(2)The terms and conditions of the proposed merger and the mode of carrying it into effect;

(3)A statement of any changes

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Any two or more companies operating under the provisions of sections 380.201 to 380.591 may merge into one of the corporations; and companies operating under the provisions of sections 380.011 to 380.151 may merge into a corporation operating under sections 380.201 to 380.591 in the following manner: The board of directors of each corporation shall approve a plan of merger and direct the submission of the plan to a vote at a meeting of its members. The plan of merger shall set forth:

(1) The names of the corporations proposing to merge, and the name of the corporation into which they propose to merge, which is herein designated as "the surviving corporation";

(2) The terms and conditions of the proposed merger and the mode of carrying it into effect;

(3) A statement of any changes in the articles of incorporation of the surviving corporation to be effected by the merger;

(4) Such other provisions with respect to the proposed merger as are deemed necessary or desirable.