Section 486.401 – Municipal Water Supply Companies; Continuance of Corporate Life, Procedure; Prima Facie Evidence.
486.401 Municipal water supply companies; continuance of corporate life, procedure; prima facie evidence. Sec. 1. It shall be lawful for any corporation heretofore or hereafter organized under the laws of this state for the purpose of the introduction of water into towns, cities and villages, whose corporate existence is about to terminate by limitation of […]
Section 486.402 – Renewed Corporation; Rights and Duties.
486.402 Renewed corporation; rights and duties. Sec. 2. The renewed term of such corporation shall begin from the expiration of the former term thereof, and the corporation thus renewed shall hold and own all the property held and owned by the corporation before renewal, and shall be liable to all its debts, liabilities and obligations, […]