393.853. Voluntary dissolution, articles, contents, submission to secretary of state. - Missouri Statutes

Voluntary dissolution, articles, contents, submission to secretaryof state.

393.853. 1. A nonprofit sewer company which has not commencedbusiness may dissolve voluntarily by delivering to the secretary of statearticles of dissolution, executed and acknowledged in duplicate on behalfof the company by a majority of the incorporators, which shall state:

(1) The name of the nonprofit sewer company;

(2) The address of its principal office;

(3) The date of its incorporation;

(4) That the company has not commenced business;

(5) That the amount, if any, actually paid in on account ofmembership fees, less any part thereof disbursed for necessary expenses,has been returned to those entitled thereto and that all easements shallhave been released to the grantors;

(6) That no debt of the company remains unpaid; and

(7) That a majority of the incorporators elect that the company bedissolved.

2. Such articles of dissolution shall be submitted to the secretaryof state for filing.

(L. 1997 2d Ex. Sess. H.B. 1 merged with S.B. 3)

Effective 12-23-97