Mo. Const. art. XI, § 2

Mo. Const. art. XI, § 2. Organization of corporations by general law — special laws relating to corporations — invalidation of unexercised charters and franchises

Length: 86 wordsOfficial source
Corporations shall be organized only under general laws. No corporation shall be created, nor shall any existing charter be extended or amended by special law; nor shall any law remit the forfeiture of any charter granted by special act. All existing charters, or grants of special or exclusive privileges, under which a bona fide organization was not completed, and business was not being done in good faith at the adoption of this constitution, shall thereafter have no validity. [Effective - 27 Feb 1945 , see footnote]
Mo. Const. art. XI, § 2: Mo. Const. art. XI, § 2. Organization of corporations by general law — special laws relating to corporations — invalidation of unexercised charters and franchises | Justis AI