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Section: 351.0582 Effect of certificate of authority. RSMO 351.582


Published: 2015

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Missouri Revised Statutes













Chapter 351

General and Business Corporations

←351.578

Section 351.582.1

351.584→

August 28, 2015

Effect of certificate of authority.

351.582. 1. A certificate of authority authorizes the foreign

corporation to which it is issued to transact business in this state subject,

however, to the right of the state to revoke the certificate as provided in

this chapter.



2. A foreign corporation with a valid certificate of authority has the

same but no greater rights and has the same but no greater privileges as, and

except as otherwise provided by this chapter, is subject to the same duties,

restrictions, penalties, and liabilities now or later imposed on, a domestic

corporation of like character.



3. This chapter does not authorize this state to regulate the

organization or internal affairs of a foreign corporation authorized to

transact business in this state.



(L. 1990 H.B. 1432)







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