HB 2129 -- Business Organizations

Co-Sponsors:  Richardson, Monaco

This bill makes several changes regarding limited liability
companies and corporations.  In its main provisions, the bill:

(1)  Provides for judicial dissolution of limited liability
companies in the event members are deadlocked;

(2)  Provides that corporations may change registered agents with
the filing of annual registration reports;

(3)  Provides that under certain circumstances, boards of
directors may delegate to officers the right to grant stock
options; and

(4)  Provides that shareholders with voting shares who object to
mergers or consolidations have the right to appraisal if the
objection is filed prior to the shareholder meeting.

Missouri House of Representatives
Last Updated October 11, 2002 at 9:03 am