Effective - 28 Aug 2021, 2 histories
394.020. Definitions. — In this chapter, unless the context otherwise requires,
(1) "Member" means each incorporator of a cooperative and each person admitted to and retaining membership therein, and shall include a husband and wife admitted to joint membership;
(2) "Person" includes any natural person, firm, association, corporation, business trust, partnership, federal agency, state or political subdivision or agency thereof, or any body politic; and
(3) "Rural area" shall be deemed to mean any area of the United States not included within the boundaries of any city, town or village having a population in excess of sixteen hundred inhabitants, and such term shall be deemed to include both the farm and nonfarm population thereof. The number of inhabitants specified in this subdivision* shall be increased by six percent every ten years after each decennial census beginning in 2030.
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(RSMo 1939 § 5415, A.L. 2021 H.B. 271 merged with H.B. 734 merged with S.B. 44)
*Word "subsection" appears in original rolls of H.B. 271 and H.B. 734, 2021.
(1961) In action by rural electric cooperative on contract for sale of electric power, members of cooperative held disqualified as jurors. Ozark Border Electric Cooperative v. Stacy (A.), 348 S.W.2d 586.
Structure Missouri Revised Statutes
Title XXV - Incorporation and Regulation of Certain Utilities and Carriers
Chapter 394 - Rural Electric Cooperatives
Section 394.010 - Designation of chapter.
Section 394.020 - Definitions.
Section 394.030 - Formation of cooperative corporations authorized.
Section 394.040 - Who may organize.
Section 394.050 - Articles of incorporation — where filed.
Section 394.060 - Name of cooperative shall include what.
Section 394.070 - Corporation may become subject to provisions of chapter, how.
Section 394.080 - Powers, generally — may supply energy to certain cities, towns and villages, when.
Section 394.090 - Articles may be amended, how.
Section 394.100 - Articles to be filed with secretary of state.
Section 394.110 - Bylaws to be adopted.
Section 394.130 - Territory supplied by cooperative may be divided into voting districts.
Section 394.140 - Directors to manage cooperative.
Section 394.150 - Officers — removal.
Section 394.170 - Revenues of cooperative — disposition.
Section 394.180 - Sale of property by cooperative — membership approval required.
Section 394.190 - Effect of mortgage or deed of trust executed by cooperative.
Section 394.210 - Cooperatives may consolidate, how.
Section 394.220 - Cooperatives may merge, how.
Section 394.230 - Effect of consolidation or merger.
Section 394.240 - Dissolution of cooperative — procedure.
Section 394.250 - Fees to be collected by director of revenue.
Section 394.270 - Members not to be liable for debts of cooperative.
Section 394.280 - Provisions of securities law not to apply.
Section 394.290 - Acknowledgments, who may take.
Section 394.300 - Waiver of notice shall be deemed equivalent to such notice, when.