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MO SB143

Bill

Official Source

Status

Introduced

1/16/2013

Primary Sponsor

Gina Walsh

Click for details

Origin

Senate

2013 Regular Session

AI Summary

  • Removes requirement for benevolent, religious, scientific, or educational corporations to submit charter amendments to the circuit court, allowing them to submit directly to the secretary of state instead.

  • Allows societies, orders, or associations to amend their constitutions or articles of association by submitting proposed amendments to the secretary of state rather than the circuit court.

  • Permits corporations organized under any state law that are actually not-for-profit to convert to chapter 378 not-for-profit status by filing articles of acceptance with the secretary of state, eliminating the need for circuit court approval.

  • Requires the secretary of state to file articles of acceptance and issue a certificate upon finding that resolutions were properly adopted and articles conform to law.

  • Corporations accepting chapter 378 provisions become subject to all rights, privileges, benefits, obligations, duties, and liabilities under that chapter.

Legislative Description

Allows religious and charitable organizations to file with the Secretary of State instead of the Circuit Court in order to amend charters and convert to a nonprofit corporation

Last Action

SCS Voted Do Pass S Judiciary and Civil and Criminal Jurisprudence Committee (0436S.03C)

3/11/2013

Committee Referrals

Judiciary And Civil And Criminal Jurisprudence1/31/2013

Full Bill Text

No bill text available