Missouri Revised Statutes













Chapter 351

General and Business Corporations

←351.255

Section 351.260.1

351.265→

August 28, 2015

Voting of shares standing in name of another corporation, domestic or foreign--deceased person's shares--receivers--pledges.

351.260. 1. Shares standing in the name of another corporation, domestic

or foreign, may be voted by such officer, agent or proxy as the bylaws of

such corporation may prescribe, or, in the absence of such provision, as the

board of directors of such corporation may determine.



2. Shares standing in the name of a deceased person may be voted by his

personal representative, either in person or by proxy. Shares standing in the

name of a conservator or trustee may be voted by such fiduciary, either in

person or by proxy, but no conservator or trustee shall be entitled, as such

fiduciary, to vote shares held by him without a transfer of such shares into

his name.



3. Shares standing in the name of a receiver may be voted by such

receiver, and shares held by or under the control of a receiver may be voted

by such receiver without the transfer thereof into his name if authority so

to do be contained in an appropriate order of the court by which such

receiver was appointed.



4. A shareholder whose shares are pledged shall be entitled to vote such

shares until the shares have been transferred into the name of the pledgee,

and thereafter the pledgee shall be entitled to vote the shares so

transferred.



(RSMo 1939 §§ 5001, 5351, A.L. 1943 p. 410 § 33, A.L.

1983 S.B. 44 & 45)



Prior revisions: 1929 §§ 4530, 4946; 1919 §§ 9726, 10157;

1909 §§ 2967, 3352







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