As used in this section and section 351.388, unless the context requires otherwise, the following words and phrases shall mean:

(1) “Private corporation” means a general and business or a general not-for-profit corporation organized under the laws of this state;

Terms Used In Missouri Laws 351.387

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020

(2) “Public corporation” means this state, a political subdivision thereof, a corporate instrumentality of this state and one or more states, or a bistate compact.