Mo. Rev. Stat. § 352.050: What associations not to incorporate under this chapter — company formed to erect building for use of society, may incorporate.
Where this section sits in the code
- Title XXIII - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
- Chapter 352 - Religious and Charitable Associations — Charitable Gift Annuities
No association, society or company formed for manufacturing, agricultural or business purposes of any kind, or for pecuniary profit in any form, nor any corporation having a capital stock divided into shares, shall be incorporated under this chapter; provided, that any company formed to erect a building for the exclusive use of a society within the purview of this chapter, without pecuniary consideration from such society, may become a body corporate under this chapter notwithstanding it has a capital stock in shares, and may receive subscriptions to such stock, to be paid in real estate, in money, property or services rendered to such company.
Collected 2026-09-03T22:23:27Z. Source file · JSON