361.320. Director may maintain action against officers, when. - Missouri Statutes

Director may maintain action against officers, when.

361.320. At any time while the director is in possession ofthe property and business of any such corporation, he may withinsix years after the cause of action has accrued, institute andmaintain in his name as finance director against its directors,trustees, managers or officers, or any of them, any action orproceeding which is vested in such corporation or in thestockholders or creditors thereof.

(RSMo 1939 § 7936)

Prior revisions: 1929 § 5341; 1919 § 11724