Missouri § 388.120 Penalty for violation of section 388.110.

Missouri Statutes

§ 388.120 — Penalty for violation of section 388.110.

Missouri § 388.120

Title XXVINCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS

Ch. 388Railroad Corporations

This text of Missouri § 388.120 (Penalty for violation of section 388.110.) 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. § 388.120 (2026).

Text

If any person shall be elected to any office or appointed to any position in violation of section 388.110 , and shall hold any such office or appointment, he shall forfeit and pay the sum of one hundred dollars for each and every day that he shall exercise the functions of said office, which amount may be recovered at the suit of any stockholder of the company in which the office or appointment shall be unlawfully held.  Such suit shall be in the name of the company, and one-half of the amount received shall go into the treasury of the company, and the other half to the stockholder prosecuting.

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If any person shall be elected to any office or appointed to any position in violation of section 388.110 , and shall hold any such office or appointment, he shall forfeit and pay the sum of one hundred dollars for each and every day that he shall exercise the functions of said office, which amount may be recovered at the suit of any stockholder of the company in which the office or appointment shall be unlawfully held. Such suit shall be in the name of the company, and one-half of the amount received shall go into the treasury of the company, and the other half to the stockholder prosecuting.