351.260. Voting of shares standing in name of another corporation, domestic or foreign--deceased person's shares--receivers--pledges.
Voting of shares standing in name of another corporation, domestic orforeign--deceased person's shares--receivers--pledges.
351.260. 1. Shares standing in the name of anothercorporation, 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 directorsof such corporation may determine.
2. Shares standing in the name of a deceased person may bevoted by his personal representative, either in person or byproxy. Shares standing in the name of a conservator or trusteemay be voted by such fiduciary, either in person or by proxy, butno conservator or trustee shall be entitled, as such fiduciary,to vote shares held by him without a transfer of such shares intohis name.
3. Shares standing in the name of a receiver may be voted bysuch receiver, and shares held by or under the control of areceiver may be voted by such receiver without the transferthereof into his name if authority so to do be contained in anappropriate order of the court by which such receiver wasappointed.
4. A shareholder whose shares are pledged shall be entitledto vote such shares until the shares have been transferred intothe name of the pledgee, and thereafter the pledgee shall beentitled 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