393.837. Securities law of Missouri not to apply, when.
Securities law of Missouri not to apply, when.
393.837. The provisions of the securities law of Missouri shall notapply to any note, bond or other evidence of indebtedness issued by anynonprofit sewer company transacting business in this state pursuant tosections 393.825 to 393.861 and section 393.175 to the United States ofAmerica or to any agency or instrumentality thereof, or to any mortgage ordeed of trust executed to secure the same. The provisions of suchsecurities law of Missouri shall not apply to the issuance of membershipcertificates by any nonprofit sewer company.
(L. 1997 2d Ex. Sess. H.B. 1 merged with S.B. 3)Effective 12-23-97