362.085. Banks or trust companies may provide for issuance and sale in articles of incorporation. - Missouri Statutes

Banks or trust companies may provide for issuance and sale inarticles of incorporation.

362.085. Any bank, trust company, or other financialinstitution hereafter organized and incorporated under the lawsof the state of Missouri for the purpose of doing a bankingbusiness, subject to the control and supervision by the financedirector of the state of Missouri, may in its articles ofagreement for incorporation provide for the issuance and sale ofits shares of preferred stock, subject to the provisions ofsections 362.075 to 362.100.

(RSMo 1939 § 8010)