Missouri Amendment of Articles of Incorporation By Directors Prior To Payment For Shares is a process whereby directors of a Missouri-incorporated entity can amend the company's articles of incorporation without the need to pay for the shares in advance. This type of amendment is typically done to make changes to the company's structure or operations, such as increasing the authorized number of shares, changing the company's name, or changing the company's purpose. There are two types of Missouri Amendment of Articles of Incorporation By Directors Prior To Payment For Shares: 1) Ordinary amendments and 2) Special amendments. Ordinary amendments are changes to the corporate structure and operations that do not require shareholder approval, such as changing the company's name, the number of authorized shares, or the company's purpose. Special amendments require shareholder approval and are typically proposed to approve matters that are not already covered in the articles of incorporation, such as changing the company's bylaws, issuing new classes of stock, or changing the company's ownership structure.
Missouri Amendment of Articles of Incorporation By Directors Prior To Payment For Shares
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