Missouri § 392.320 Certificate of commission to be recorded — stock dividends, permitted when.

Missouri Statutes

§ 392.320 — Certificate of commission to be recorded — stock dividends, permitted when.

Missouri § 392.320

Title XXVINCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS

Ch. 392Telephone and Telegraph Companies

This text of Missouri § 392.320 (Certificate of commission to be recorded — stock dividends, permitted when.) 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. § 392.320 (2026).

Text

1.No telecommunications company governed by the provisions of this chapter shall issue any stocks, bonds, notes or other evidence of indebtedness, for money, property or services, either directly or indirectly, nor shall it receive any money, property or services in payment of the same, either directly or indirectly, until there shall have been recorded upon the books of such corporation or person the certificate of the commission herein provided for.

2.No telecommunications company governed by the provisions of this chapter shall declare any stock, bond or scrip dividend or divide the proceeds of the same of any stock, bond or scrip among its stockholders unless authorized by the commission so to do.

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1. No telecommunications company governed by the provisions of this chapter shall issue any stocks, bonds, notes or other evidence of indebtedness, for money, property or services, either directly or indirectly, nor shall it receive any money, property or services in payment of the same, either directly or indirectly, until there shall have been recorded upon the books of such corporation or person the certificate of the commission herein provided for.

2. No telecommunications company governed by the provisions of this chapter shall declare any stock, bond or scrip dividend or divide the proceeds of the same of any stock, bond or scrip among its stockholders unless authorized by the commission so to do.