Title: Section 451.207 - Outstanding

451.207 Outstanding. (a) Uncollected or unpaid; said of an account or note receivable or payable, or of a check sent to the payee but not yet cleared against the drawee bank.

(b) in the hands of others; said of the units of funded debt of a corporation or of the certificates representing issued shares of capital stock in the hands of the public; treasury stock is defined in terms of shares issued but not outstanding.