376.080. Director to examine, when. - Missouri Statutes

Director to examine, when.

376.080. Upon being notified that the capital stock named inthe charter has been subscribed, and two hundred thousand dollarsthereof paid in, the director shall make an examination, or causeone to be made by some disinterested person specially appointedby him for that purpose, and if it shall be found by himself, orif the person so appointed shall certify, under oath, that theprovisions of section 376.280 have been complied with by saidcompany, as far as applicable thereto, which certificate, whenmade, shall set forth the particulars of such compliance, thenthe director shall so certify, and the corporators or officers ofsuch company shall be required to certify, under oath, to theperson making such examination, that the money, notes, stocks,bonds, mortgages and deeds of trust exhibited to him are the bonafide property of said company.

(RSMo 1939 § 5806, A.L. 1967 p. 516)

Prior revisions: 1929 § 5696; 1919 § 6107; 1909 § 6901