{"data":{"id":"us-mo/mo.-rev.-stat.-388.230","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 388.230","heading":"Capital stock may be reduced, when and how.","body":"Any railroad company incorporated by the laws of this state may at any time reduce the amount of its capital or common stock by a vote of three-fifths in interest of all the stock of such company to be affected thereby, at a stockholders' meeting, called in conformity to the bylaws of such company; and if so voted for, said capital stock may be reduced upon the plan in detail thus submitted to the stockholders; provided, that such reduction shall be so made as to affect the interest of all stockholders alike; provided, that nothing in this section shall be so construed as to permit the reduction of the capital stock of any company below the minimum amount prescribed by law.","path":["Title XXV - INCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS","Chapter 388 - Railroad Corporations"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=388.230","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:27Z","sha256":"8bc374858e5f7d51347090d335c5655e0adc63a647f5d141a6b42f22d236d740","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-388.220","next":"us-mo/mo.-rev.-stat.-388.240"},"notice":"GroundRules: Original legal text. Not legal advice."}