355.025. Purposes for which organized. — Nonprofit corporations may be organized under this chapter for any one or more of the following or similar purposes: charitable; benevolent; eleemosynary; educational; civic; patriotic; political; religious; cultural; social welfare; health; cemetery; social; literary; athletic; scientific; research; agricultural; horticultural; soil, crop, livestock and poultry improvement; professional, commercial, industrial, or trade association; wildlife conservation; homeowner and community improvement association; recreational club or association; and for the ownership and operation of water supply facilities for drinking and general uses; and for the ownership of sanitary sewer collection systems and waste water treatment facilities; or for the purpose of executing any trust, or administering any community chest, fund or foundation, to further objects which are within the purview of this section. No group, association or organization created for or engaged in business or activity for profit, or on the cooperative plan, provision for the incorporation of which is made by any of the incorporation laws of this state, shall be organized or operate as a corporation under this chapter.
Notes of Decisions
Citizens Elec. Corp. v. Dir. of Dep't of Revenue, 766 S.W.2d 450 (Mo. 1989).
· cites it 4× “Section 355.025 sets forth the purposes for which a not-for-profit corporation may be organized or operated and provides in pertinent part: “No group, association or organization created for or engaged in business or activity for profit, or on the cooperative plan, provision for…”
Fairbanks v. Chambers, 665 S.W.2d 33 (Mo. Ct. App. 1984).
“This evidence indicated an improper profit-directed purpose entirely unrelated to any of the charitable or related purposes for which Missouri not-for-profit corporations may be organized under § 355.”
State v. Ozark Transmission Dist., Inc., 409 S.W.2d 71 (Mo. 1966).
· cites it 11× “” The ultimate issue for determination herein is whether the purposes for which respondent was organized fall within the provisions of § 355.025, 2 which details purposes for which not for profit corporations may be organized under Chapter 355.”
Osage Water Co. v. Miller Cnty. Water Auth., Inc., 950 S.W.2d 569 (Mo. Ct. App. 1997).
· cites it 2× “Defendant is a not-for-profit corporation organized under § 355.025. A "not-for-profit" corporation means a corporation where no part of the income or property is distributable to its members, directors, or officers.”
State v. United Fraternal Order of Peace Officers Ass'n, 588 S.W.2d 104 (Mo. Ct. App. 1979).
· cites it 2× “Section 355.340 subjects foreign not for profit corporations who obtain authority to do business in this State to the same duties, restrictions, penalties and liabilities as that imposed upon domestic not for profit corporations.”
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