362.440. Licenses to foreign corporations--renewal.

MISSOURI STATUTES AND CODES

362.440. Licenses to foreign corporations--renewal.

Licenses to foreign corporations--renewal.

362.440. 1. Upon receipt by the director from any foreigncorporation of an application in proper form for leave to do business inthis state under the provisions of this chapter, he or she shall, by suchinvestigation as he or she may deem necessary, satisfy himself or herselfwhether the applicant may safely be permitted to do business in this state.

2. If from such investigation he or she shall be satisfied that it issafe and expedient to grant such application and it shall have been shownto his or her satisfaction that such applicant may be authorized to engagein business in this state pursuant to the provisions of this chapter andhas complied with all the requirements of this chapter, he or she shallissue a license under his or her hand and official seal authorizing suchapplicant to carry on such business at the place designated in the licenseand, if such license is for a limited time, specifying the date upon whichit shall expire.

3. Such license shall be executed in triplicate and the directorshall transmit one copy to the applicant, file another in his or her ownoffice and file the third in the public records of the division of finance.

4. Whenever any such license is issued for one year or less, thedirector may, at the expiration thereof, renew such license for one year.