Title VII CITIES, TOWNS AND VILLAGES Chapter 79 Effective - 28 Aug 1939 79.520. Trustee, duties. — The trustee shall have power to prosecute and defend to final judgment all suits instituted by or against the corporation, collect all moneys due the same, liquidate all lawful demands against the same, and for that purpose shall sell any property belonging to such corporation, or so much thereof as may be necessary, and generally to do all acts requisite to bring to a speedy close all the affairs of the corporation. -------- (RSMo 1939 § 7218) Prior revisions: 1929 § 7068; 1919 § 8518; 1909 § 9419
Missouri Legal Code