Missouri Revised Statutes Title XXIV. Business and Financial Institutions § 376.1022. Dissolution of plan, application, procedure, granted when--distribution of assets, procedures

1. A plan that desires to cease existence shall apply to the director for authority to dissolve. Applications to dissolve shall be on forms prescribed by the director and shall be approved or disapproved by the director within sixty days of receipt. Dissolution without authorization is prohibited and does not absolve a plan or its participants from fulfilling the plan's continuing obligations. An application to dissolve shall be granted if either of the following conditions is met:

2. Upon dissolution, after payment of all outstanding liabilities and indebtedness, the assets of the plan shall be distributed to all employers participating in the plan during the last five years immediately preceding dissolution. The distributive share of each employer shall be in the proportion that all contributions made by the employer during such five-year period bear to the total contributions made by all participating employers during such five-year period.