351.750. Application of law.

Application of law.

351.750. 1. The provisions of this chapter apply to statutory closecorporations to the extent not inconsistent with the provisions of sections351.750 to 351.865.

2. Sections 351.750 to 351.865 apply to professional corporationsorganized pursuant to chapter 356, RSMo, whose articles of incorporationcontain the statement required by subsection 1 of section 351.755, exceptinsofar as chapter 356, RSMo, contains inconsistent provisions.

3. Sections 351.750 to 351.865 do not repeal or modify any statute orrule of law that is or would apply to a corporation that is organizedpursuant to this chapter or chapter 356, RSMo, and that does not elect tobecome a statutory close corporation pursuant to section 351.755.

4. Sections 351.750 to 351.865 apply to all corporations electingstatutory close corporation status as provided in section 351.755 afterAugust 28, 1990, and are controlling in the absence of a valid agreement tothe contrary.

(L. 1990 H.B. 1432, A.L. 1996 S.B. 835)