GroundRules
← Search the law
Missouri · Through 2026 legislative session (floor)

Mo. Rev. Stat. § 356.161: Rights and obligations of unqualified persons acquiring shares by foreclosure.

Read at publisher ↗
Where this section sits in the code
  1. Title XXIII - CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
  2. Chapter 356 - Professional Corporations

If any shares of stock in a professional corporation are acquired by any person who is a disqualified person in foreclosure of a pledge or otherwise, the then owner of the shares shall hold them subject to the same rights and obligations and the professional corporation shall be subject to the same rights and obligations under sections 356.011 to 356.261 as if the then owner of the shares had become a disqualified person.

Collected 2026-09-03T22:23:27Z. Source file · JSON

Browse this collection