1. Any health services corporation heretofore organized under the provisions of either chapter 352 or chapter 355 shall amend its articles of incorporation to comply with the provisions of sections 354.010 to 354.380 for organization, and for issuance of a certificate of incorporation and of a certificate for authority to do business.

2. After completion of the actions provided in subsection 1 and the issuance of the required certificates, the corporation shall be a corporation organized under sections 354.010 to 354.380 and shall be entitled to all the rights, privileges and benefits and shall be subject to all the obligations, duties and liabilities provided in sections 354.010 to 354.380.

Terms Used In Missouri Laws 354.020

  • 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.
  • Heretofore: means any time previous to the day when the statute containing it takes effect. See Missouri Laws 1.020
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
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