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MO SB424
Bill
Status
3/1/2011
Primary Sponsor
Jane Cunningham
Click for details
AI Summary
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Adds section 28.230 to Missouri law requiring the Secretary of State to provide business entities an opportunity to appear at an informal hearing before filing any petition alleging wrongdoing
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Secretary of State must provide 30 days' written notice of the hearing that includes the specific allegations against the business entity
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Business entity must respond in writing within 10 business days to affirm its intent to appear, or the right to the hearing is waived
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Applies to petitions filed by the Secretary of State alleging wrongdoing by any business entity in Missouri
Legislative Description
Requires an informal hearing before the Secretary of State in certain instances
Last Action
Second Read and Referred S General Laws Committee
3/10/2011