Missouri § 392.290 - Right to issue stocks, bonds and notes is subject to regulation by state — exception — limitation on powers of commission.
Full text of Missouri Revised Statutes of Missouri § 392.290 — Right to issue stocks, bonds and notes is subject to regulation by state — exception — limitation on powers of commission., with citation guidance and answers to common questions.
§ 392.290. Right to issue stocks, bonds and notes is subject to regulation by state — exception — limitation on powers of commission.
1. The power of telecommunications companies to issue stocks, bonds, notes and other evidence 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 commission may prescribe.
2. Notwithstanding any other provision of this chapter to the contrary, no telecommunications company operating in Missouri and one or more other states shall be required to obtain authorization from the commission to issue stocks, bonds, notes or any other evidence of indebtedness; nor shall any such telecommunications company be required to obtain authorization from the commission in order to encumber the whole or any part of its franchise line or system.
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(RSMo 1939 § 5674, A.L. 1986 S.B. 625, A.L. 1987 H.B. 360)
Prior revisions: 1929 § 5218; 1919 § 10506
---- end of effective 28 Aug 1987 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 392.290
What does Revised Statutes of Missouri § 392.290 cover?
Section 392.290 ("Right to issue stocks, bonds and notes is subject to regulation by state — exception — limitation on powers of commission.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 392.290?
A common citation format is "Revised Statutes of Missouri § 392.290" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 392.290 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.