355.746. Assets of dissolved corporation--deposit with state treasurer. - Missouri Statutes

Assets of dissolved corporation--deposit with state treasurer.

355.746. Assets of a dissolved corporation which should betransferred to a creditor, claimant or member of the corporationwho cannot be found or who is not competent to receive them shallbe reduced to cash subject to known trust restrictions anddeposited with the state treasurer for safekeeping; but, in thestate treasurer's discretion property may be received and held inkind. When the creditor, claimant or member furnishessatisfactory proof of entitlement to the amount deposited orproperty held in kind, the state treasurer shall deliver to thecreditor, member or other person or his representative thatamount or property.

(L. 1994 H.B. 1095)

Effective 7-1-95