379.050. Examination and certification of stocks, by whom.

Examination and certification of stocks, by whom.

379.050. Upon notification that the capital stock named inthe charter has been subscribed, and the amounts required bysection 379.010 to be paid in have been paid in as thereinrequired, the director shall make an examination, or cause one tobe made by some disinterested person, especially appointed by himfor that purpose; and if it shall be found by himself, or if theperson so appointed shall certify, under oath, that such capitaland surplus stock, to the amount therein named as commencingcapital and surplus, has been paid in and is possessed by thecompany in investments permitted by section 379.080, then heshall so certify, and the incorporators or officers of suchcompany shall be required to certify under oath that theinvestments exhibited to the person making the examination, arethe bona fide property of such company.

(RSMo 1939 § 5912, A.L. 1989 S.B. 250)

Prior revisions: 1929 § 5801; 1919 § 6211; 1909 § 7002