Articles of Incorporation: Supermajority Requirement for Bylaw Amendments (MO) | Practical Law

Articles of Incorporation: Supermajority Requirement for Bylaw Amendments (MO) | Practical Law

A Standard Clause for the articles of incorporation of a Missouri corporation requiring a supermajority vote of the shareholders to amend, adopt, or repeal bylaws. This Standard Clause is intended to be used as an anti-takeover provision. This Standard Clause has integrated notes with important explanations and drafting tips.

Articles of Incorporation: Supermajority Requirement for Bylaw Amendments (MO)

Practical Law Standard Clauses w-000-0518 (Approx. 5 pages)

Articles of Incorporation: Supermajority Requirement for Bylaw Amendments (MO)

by Practical Law Corporate & Securities
Law stated as of 16 May 2023Missouri
A Standard Clause for the articles of incorporation of a Missouri corporation requiring a supermajority vote of the shareholders to amend, adopt, or repeal bylaws. This Standard Clause is intended to be used as an anti-takeover provision. This Standard Clause has integrated notes with important explanations and drafting tips.