SB 3 This act authorizes the formation of nonprofit sewer corporations for supplying waste water disposal and treatment services within the state of Missouri.

Such corporations may be formed by five or more persons and the provisions for the corporations' operations can be found within the following sections:

393.825 - Requirements for articles of incorporation

393.827 - Conversion of other entities to nonprofit sewer companies

393.829 - Powers of such companies

393.831 - Amendment of articles of incorporation

393.833 - Change of office location

393.835 - Filing of documents with Secretary of State

393.837 - Securities law shall not apply to bonds of company

393.839 - Membership and meetings

393.841 - Territory may be divided into districts

393.843 - Board of directors

393.845 - Officers

393.847 - Company subject to DNR requirements, not PSC

393.849 - Excess revenues shall be refunded annually to members

393.851 - Company may pay off debt early

393.853 - Dissolution of company which has not begun business

393.855 - Dissolution of company which has begun business

393.857 - Nonprofit sewer company provisions to be construed liberally

393.861 - Members of company not personally liable for debts

393.863 - Designation of exclusive sewer providers- Entities providing sewer service may seek DNR designation as the sole provider for a region or watershed. Applications requirements, approval procedures and general pricing provisions are included.

DENISE GARNIER