Missouri § 387.240 Right to issue stocks, bonds and notes is subject to regulation by state.

Missouri Statutes

§ 387.240 — Right to issue stocks, bonds and notes is subject to regulation by state.

Missouri § 387.240

Title XXVINCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS

Ch. 387Motor Carriers Generally

This text of Missouri § 387.240 (Right to issue stocks, bonds and notes is subject to regulation by state.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 387.240 (2026).

Text

The power of motor carriers to issue stocks, and bonds, notes and other evidences of indebtedness and to create liens upon their property situated in this state is a special privilege, the right of supervision, regulation, restriction, and control of which is and shall continue to be vested in the state, and such power shall be exercised as provided by law and under such rules and regulations as the division of motor carrier and railroad safety may prescribe.

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The power of motor carriers to issue stocks, and bonds, notes and other evidences of indebtedness and to create liens upon their property situated in this state is a special privilege, the right of supervision, regulation, restriction, and control of which is and shall continue to be vested in the state, and such power shall be exercised as provided by law and under such rules and regulations as the division of motor carrier and railroad safety may prescribe.