United States · Missouri

Directors' resolutions requirements in Missouri (MGBCL)

What a Missouri corporation must know about directors' resolutions requirements under Missouri General and Business Corporation Law, RSMo Ch. 351.

Governing statute
Missouri General and Business Corporation Law, RSMo Ch. 351
RSMo § 351.340Action without meeting
RSMo § 351.335Meetings
RSMo § 351.348Conflict-of-interest
RSMo § 351.355Duty of directors
At a glance
  • Action by unanimous written consent in lieu of a meeting is permitted under all 50 states' MBCA-framework statutes
  • Effective on the date of the last signature, unless otherwise specified
  • Conflict-of-interest rules require disclosure plus safe-harbor approval
  • Resolutions filed in the corporate records; available for shareholder inspection under state rules
  • Electronic signatures permitted under each state's UETA-equivalent legislation

What the MGBCL requires

RSMo § 351.340 permits Missouri corporations to act by unanimous written consent of directors. Missouri's pre-MBCA heritage uses distinctive procedural language but the substantive requirements parallel MBCA states.

Missouri-specific considerations

Missouri's MGBCL has distinctive heritage and pre-dates the modern MBCA framework. Missouri counsel should review specific resolution drafts, certificate forms, and inspection demands to ensure compliance with Missouri-specific rules.

Practical implications

The general principles (records must be maintained, shareholders have inspection rights, annual filings are required) remain similar to MBCA-tradition US jurisdictions, but the exact procedural details merit specific Missouri counsel review.

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