377.240. Withdrawals of securities upon relinquishment of business.
Withdrawals of securities upon relinquishment of business.
377.240. 1. When any such corporation, company orassociation shall desire to relinquish its business in thisstate, the director shall, on application of such corporationunder oath of its president or principal officer and secretary oractuary, give notice of such intention at least twice in anewspaper of general circulation published at the state capitol.
2. After such publication he shall deliver up to saidcorporation the securities, or any portion thereof, held by himbelonging to such corporation upon being satisfied that all thedebts and liabilities of every kind are paid or provided for.
(RSMo 1939 § 5892)Prior revisions: 1929 § 5781; 1919 § 6191; 1909 § 6985
CROSS REFERENCE:
Withdrawal of securities, RSMo 375.480