Section 393.855 – Voluntary dissolution, procedure for winding up affairs.
Effective – 23 Dec 1997 393.855. Voluntary dissolution, procedure for winding up affairs. — A nonprofit sewer 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 thereafter the proposition that the company […]
Section 393.857 – Construction of laws relating to nonprofit sewer companies.
Effective – 23 Dec 1997 393.857. Construction of laws relating to nonprofit sewer companies. — Sections 393.825 to 393.861 and section 393.175 shall be construed liberally. The enumeration of any object, purpose, power, manner, method or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods or things. To the […]
Section 393.861 – Private property of members exempt from execution for debts of company.
Effective – 23 Dec 1997 393.861. Private property of members exempt from execution for debts of company. — The private property of the members of a nonprofit sewer company shall be exempt from execution for the debts of the company and no member shall be liable or responsible for any debts of the company. ——– […]
Section 393.900 – Nonprofit water companies may be organized — articles of incorporation.
Effective – 28 Aug 2007 393.900. Nonprofit water companies may be organized — articles of incorporation. — 1. Nonprofit, membership corporations may be organized pursuant to sections 393.900 to 393.951 only for the purpose of supplying water for distribution, wholesale and treatment services within the state of Missouri. Corporations which become subject to sections 393.900 […]
Section 393.843 – Board of directors, powers and duties.
Effective – 23 Dec 1997 393.843. Board of directors, powers and duties. — 1. The business and affairs of a company shall be managed by a board of not less than five directors, each of whom shall be a member of the company. The bylaws shall prescribe the number of directors, their qualifications, other than […]
Section 393.845 – Officers, annual election, removal from office — employees and agents.
Effective – 23 Dec 1997 393.845. Officers, annual election, removal from office — employees and agents. — The officers of a nonprofit sewer company shall consist of a president, vice president, secretary and treasurer, who shall be elected annually. No person shall continue to hold the offices of president or vice president after he shall […]
Section 393.847 – Department of natural resources, jurisdiction, supervision, powers and duties — public service commission jurisdiction, limitations.
Effective – 28 Aug 2007 393.847. Department of natural resources, jurisdiction, supervision, powers and duties — public service commission jurisdiction, limitations. — 1. Every nonprofit sewer company constructing, maintaining and operating its wastewater lines and treatment facilities shall construct, maintain and operate such lines and facilities in conformity with the rules and regulations relating to […]
Section 393.849 – Excess revenues.
Effective – 23 Dec 1997 393.849. Excess revenues. — Revenues of a nonprofit sewer company for any fiscal year in excess of the amount thereof 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 of the […]
Section 393.851 – Prepayment of debt not prohibited.
Effective – 23 Dec 1997 393.851. Prepayment of debt not prohibited. — Nothing herein contained shall be construed to prohibit the payment by a company of all or any part of its indebtedness prior to the date when the same shall become due. ——– (L. 1997 2d Ex. Sess. H.B. 1 merged with S.B. 3) […]
Section 393.853 – Voluntary dissolution, articles, contents, submission to secretary of state.
Effective – 23 Dec 1997 393.853. Voluntary dissolution, articles, contents, submission to secretary of state. — 1. A nonprofit sewer 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, […]