Terms Used In Missouri Laws 388.250

  • 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.

Trustees or receivers of railroad companies and corporations and their estates appointed by any court whatsoever owning, holding, operating, controlling or managing any such corporation or company or its estate shall have all the rights and powers possessed by railroad corporations and companies under the laws of Missouri.