Changes in plan of operation, directors approval required.
Mo. Rev. Stat. § 379.1397
in effect379.1397. Changes in plan of operation, directors approval required. — Any material changes to a SPLRC's plan of operation shall require the prior written approval of the director. However, if initially approved in the plan of operation, the subsequent issuance of securities, additional financing, substitution of a party to a swap transaction with a party of similar rating or the inclusion of additional business under a SPLRC contract shall not be considered a material change.
(L. 2007 S.B. 215)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=379.1397Fetched: 10/17/2026