351.865. Extraordinary relief--dissolution. - Missouri Statutes

Extraordinary relief--dissolution.

351.865. 1. The court may dissolve the corporation if itfinds:

(1) There are one or more grounds for judicial dissolutionunder section 351.494; or

(2) All other relief ordered by the court under section351.855 or 351.860 has failed to resolve the matters in dispute.

2. In determining whether to dissolve the corporation, thecourt shall consider among other relevant evidence the financialcondition of the corporation but may not refuse to dissolvesolely because the corporation has accumulated earnings orcurrent operating profits.

(L. 1990 H.B. 1432)