361.266. Stay of suspension or prohibition, procedure. - Missouri Statutes

Stay of suspension or prohibition, procedure.

361.266. Within ten days after any director, officer, orother person has been suspended from office, prohibited fromparticipation in the conduct of the affairs of a corporation, orboth, under subsection 3 of section 361.262, such director,officer, or other person may apply to the circuit court of thecounty in which the corporation is located or the circuit courtof Cole County, for a stay of such suspension or prohibitionpending the completion of the administrative proceedings pursuantto the notice served upon such director, officer, or other personunder subsection 1 or 2 of section 361.262, and such court shallhave jurisdiction to stay such suspension or prohibition.

(L. 1985 H.B. 408 § 361.265 subsec. 5)