Effective - 28 Aug 1987
392.340. Reorganization. — 1. Reorganization of telecommunications companies shall be subject to the supervision and control of the commission and no such reorganization shall be had without the authorization of such commission.
2. Upon all such reorganizations the amount of capitalization, including therein all stocks and bonds and other evidence of indebtedness, shall be such as is authorized by the commission, which, in making its determination, shall not exceed the fair value of the property involved, taking into consideration its original cost of construction, duplication cost, present condition, earning power at reasonable rates and all other relevant matters and any additional sum or sums as shall be actually paid in cash except, that the commission may make due allowance for discount of bonds. Any reorganization agreement before it becomes effective shall be amended so that the amount of capitalization shall conform to the amount authorized by the commission. The commission may by its order impose such condition or conditions as it may deem reasonable and necessary.
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(RSMo 1939 § 5681, A.L. 1987 H.B. 360)
Prior revisions: 1929 § 5225; 1919 § 10513
Structure Missouri Revised Statutes
Title XXV - Incorporation and Regulation of Certain Utilities and Carriers
Chapter 392 - Telephone and Telegraph Companies
Section 392.010 - Telephone and telegraph corporations, by whom and how formed.
Section 392.020 - Articles, where filed — powers when incorporated.
Section 392.030 - Powers of corporation.
Section 392.040 - Election of directors — appointment of officers.
Section 392.050 - Directors, procedure for election of.
Section 392.060 - Meeting of board.
Section 392.070 - Consolidation of companies.
Section 392.090 - Mode of construction may be directed, by whom.
Section 392.100 - May enter upon lands, when.
Section 392.110 - No contract for exclusive use of land.
Section 392.120 - Power to own and maintain lines.
Section 392.140 - Duties in forwarding dispatches over other lines.
Section 392.160 - Penalty for transmitting false communications.
Section 392.175 - Operator services, live operator to be provided, when.
Section 392.180 - What definitions to apply.
Section 392.185 - Purpose of chapter.
Section 392.190 - Application of sections 392.190 to 392.530.
Section 392.205 - Public schools to have reduced rates.
Section 392.210 - Reports and records of telecommunication companies.
Section 392.240 - Rates — rentals — service and physical connections.
Section 392.246 - Petition for rate relief — relief to be granted, when.
Section 392.250 - Power of commission to order repairs or changes.
Section 392.310 - Approval of issues of stocks, bonds and other forms of indebtedness.
Section 392.320 - Certificate of commission to be recorded — stock dividends, permitted when.
Section 392.340 - Reorganization.
Section 392.350 - Liability for loss or damage.
Section 392.360 - Forfeiture — penalties.
Section 392.370 - Transitionally competitive telecommunications services, classified when.
Section 392.430 - Certificates to be approved, when.
Section 392.440 - Service authority, certificate of, approved when.
Section 392.451 - State adopts federal exemption for certain rural telephone companies.
Section 392.455 - Commission to establish certification process.
Section 392.461 - Exemption from certain rules, telecommunications companies.
Section 392.475 - Prohibition of resale, when.
Section 392.480 - Services to be offered under tariff.
Section 392.500 - Changes in rates, competitive telecommunication services, procedure.
Section 392.510 - Tariffs, bands and ranges allowed, when, requirements.
Section 392.520 - Private shared tenant services, coin operated telephone services, regulation of.
Section 392.530 - Construction of provisions of the chapter.