The private property of the members of a nonprofit water company shall be exempt from execution for the debts of the company and no member shall be liable or responsible for any debts of the company.
Mo. Rev. Stat. § 393.951
Private property of members exempt from execution — members not liable for..
Known as the Joint Municipal Utility Commission Act
The act spans §§ 393–393 (168 sections).
Effective: 28 Aug 1999; (L. 1999 H.B. 450 § 18 merged with S.B. 160 & 82 § 18)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.