Missouri corporate bylaws are policies for organizing a corporation’s internal procedures. They define the rights and responsibilities of officers, procedures for stock issuance and shareholder meetings, and other provisions that aid management.
The board of directors establishes the original bylaws at the first meeting, and shareholders can make alterations unless the articles of incorporation assign this authority to the board. Bylaws can be adapted as needed, provided they comply with state laws and the articles of incorporation.
Legal Requirements
Corporate bylaws are not required in Missouri [1] .
- Annual Meetings – Regular gatherings held to discuss the affairs and direction of a corporation [2] . Meetings may be held at any place authorized by the bylaws or at the company’s principal office.
- Corporate Bylaws – A set of rules that govern the internal management of an organization [3] .
- Issuance of Stock – The process by which a company distributes its shares to investors, representing ownership in the corporation [4] .
Naming Considerations
- Required Words: “Corporation,” “Incorporated,” “Company,” or “Limited” or an abbreviation of any of these.
- Prohibited Words: Language implying the corporation or LLC is organized for an impermissible purpose or is a governmental agency.
- Name Reservation Period: 60 days.
- Renewal Period: Renewable for two additional periods of 60 days.
- Transferability: Yes.
