355.581. Amendment pursuant to judicial reorganization. - Missouri Statutes

Amendment pursuant to judicial reorganization.

355.581. 1. A corporation's articles may be amendedwithout board approval or approval by the members or approvalrequired pursuant to section 355.606 to carry out a plan ofreorganization ordered or decreed by a court of competentjurisdiction under federal statute if the articles afteramendment contain only provisions required or permitted bysection 355.096.

2. The individual or individuals designated by the courtshall deliver to the secretary of state articles of amendmentsetting forth:

(1) The name of the corporation;

(2) The text of each amendment approved by the court;

(3) The date of the court's order or decree approving thearticles of amendment;

(4) The title of the reorganization proceeding in which theorder or decree was entered, including the case number and thename and district of the court; and

(5) A statement that the court had jurisdiction of theproceeding under federal statute.

3. This section does not apply after entry of a finaldecree in the reorganization proceeding even though the courtretains jurisdiction of the proceeding for limited purposesunrelated to consummation of the reorganized plan.

(L. 1994 H.B. 1095)

Effective 7-1-95