Section 393.933 – Compliance with department of natural resources and other laws — public service commission not to have jurisdiction.
Effective – 28 Aug 2007 393.933. Compliance with department of natural resources and other laws — public service commission not to have jurisdiction. — 1. Every nonprofit water company constructing, maintaining and operating its water lines and treatment facilities shall construct, maintain and operate such lines and facilities in conformity with the rules and regulations […]
Section 393.936 – Revenues to be distributed, when.
Effective – 28 Aug 1999 393.936. Revenues to be distributed, when. — Revenues of a nonprofit water company for any fiscal year in excess of the amount necessary: (1) To defray expenses of the company and of the operation and maintenance of its facilities during such fiscal year; (2) To pay interest and principal obligations […]
Section 393.939 – Prepayment of indebtedness permitted.
Effective – 28 Aug 1999 393.939. Prepayment of indebtedness permitted. — Nothing in sections 393.900 to 393.951 shall be construed to prohibit the payment by a company of all or any part of its indebtedness prior to the date when such indebtedness shall become due. ——– (L. 1999 H.B. 450 § 14 merged with S.B. […]
Section 393.942 – Voluntary dissolution before commencing operations.
Effective – 28 Aug 1999 393.942. Voluntary dissolution before commencing operations. — 1. A nonprofit water company which has not commenced business may dissolve voluntarily by delivering to the secretary of state articles of dissolution, executed and acknowledged in duplicate on behalf of the company by a majority of the incorporators, which shall state: (1) […]
Section 393.945 – Voluntary dissolution and windup of affairs after commencing operations.
Effective – 28 Aug 1999 393.945. Voluntary dissolution and windup of affairs after commencing operations. — A nonprofit water company which has commenced business may dissolve voluntarily and wind up its affairs in the following manner: (1) The board of directors shall first recommend that the company be dissolved voluntarily and after such recommendation the […]
Section 393.948 – Nonprofit water company law construed liberally, may elect to follow certain corporate laws in articles of incorporation.
Effective – 28 Aug 1999 393.948. Nonprofit water company law construed liberally, may elect to follow certain corporate laws in articles of incorporation. — Sections 393.900 to 393.951 shall be construed liberally. The enumeration of any object, purpose, power, manner, method or thing shall not be deemed to exclude like or objects, purposes, powers, manners, […]
Section 393.951 – Private property of members exempt from execution — members not liable for debts of company.
Effective – 28 Aug 1999 393.951. Private property of members exempt from execution — members not liable for debts of company. — The private property of the members of a nonprofit water company shall be exempt from execution for the debts of the company and no member shall be liable or responsible for any debts […]
Section 393.954 – Claims against insured nonprofit water company after dissolution, procedure.
Effective – 28 Aug 1999 393.954. Claims against insured nonprofit water company after dissolution, procedure. — 1. Notwithstanding any other provision of law to the contrary, except as provided in subsection 2 of this section, a claim against a nonprofit water company dissolved pursuant to sections 393.900 to 393.951 for which the nonprofit water company […]
Section 393.1000 – Definitions.
Effective – 28 Aug 2003 393.1000. Definitions. — As used in sections 393.1000 to 393.1006, the following terms mean: (1) “Appropriate pretax revenues”, the revenues necessary to produce net operating income equal to: (a) The water corporation’s weighted cost of capital multiplied by the net original cost of eligible infrastructure system replacements, including recognition of […]
Section 393.1003 – Rate schedules, procedures to establish or change (St. Louis County).
Effective – 28 Aug 2003 393.1003. Rate schedules, procedures to establish or change (St. Louis County). — 1. Notwithstanding any provisions of chapter 386 and this chapter to the contrary, as of August 28, 2003, a water corporation providing water service in a county with a charter form of government and with more than one […]