State Codes and Statutes
Statutes > Missouri > T25 > C394 > 394_200Cooperative of adjacent state may extend lines and transact businessin this state, when--service of process on, how made.
394.200. 1. Any corporation organized on a nonprofit or acooperative basis for the purpose of supplying electric energy inrural areas and owning and operating electric transmission ordistribution lines in a state adjacent to this state shall bepermitted to extend its lines into and to transact business inthis state without complying with any statute of this statepertaining to the qualification of foreign corporations for thetransaction of business in this state. Any such foreigncorporation, as a prerequisite to the extension of its lines intoand the transaction of business in this state, shall, by aninstrument executed and acknowledged in its behalf by itspresident or vice president under its corporate seal attested byits secretary, designate the secretary of state its agent toaccept service of process in its behalf.
2. In the event any process shall be served upon thesecretary of state, he shall forthwith forward the same byregistered mail to such corporation at the address thereofspecified in such instrument.
3. Any such corporation may sue and be sued in the courts ofthis state to the same extent that a cooperative may sue or besued in such courts.
4. Any such foreign corporation may secure its notes, bondsor other evidences of indebtedness by mortgage, pledge, deed oftrust or other encumbrance upon any or all of its then owned orafter-acquired real or personal property, assets, or franchises,located or to be located in this state, and also upon therevenues and income thereof.
(RSMo 1939 § 5411)
