Title XXV INCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS
< > • Effective - 28 Aug 1999
393.924. Company territory may be divided into voting districts. — Notwithstanding any other provision of law, the bylaws may provide that the territory in which a company supplies water services may be divided into two or more voting districts for the purpose of properly distributing its directors over the area in which its members reside. In such case the bylaws shall prescribe the manner in which such voting districts shall function in the election of directors at annual meetings.
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(L. 1999 H.B. 450 § 9 merged with S.B. 160 & 82 § 9)
---- end of effective 28 Aug 1999 ----
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