Mo. Rev. Stat. § 354.320

Current with changes from the 2023 Legislative Session
Section 354.320 - Corporate funds and securities use for private gain by officers and employees prohibited, penalty

No officer, enrollment representative or employee of any corporation subject to the provisions of sections 354.010 to 354.380, formed under the laws of this state, or doing business herein, shall, directly or indirectly, use or employ, or permit others to use or employ, any of the money, funds or securities of such corporation for private profit or gain, except for reasonable compensation for services performed and reimbursement for expenses incurred, and any such use shall, upon conviction thereof, be a class E felony.

§ 354.320, RSMo

Amended by 2014 Mo. Laws, SB 491,s A, eff. 1/1/2017.
L. 1983 H.B. 127