PURPOSE: This rule sets forth the requirements which application for the issuance or creation of certain debt instruments must meet.

1. (1) Motor common carriers authorized to transport passengers or household goods in intrastate commerce, and (to the extent not preempted by federal law) railroad corporations and street railroad corporations filing applications for authority to issue stocks, bonds, notes or other evidences of indebtedness payable at periods of more than twelve

2. (12) months after the date of issuance or for authority to create a lien for any purpose upon its property situated in this state shall file the original and one (1) copy of the application and the application shall contain or be accompanied by:

   1. (A) The name and address of the principal office of the applicant. If different, the mailing address of applicant also shall be given;
   2. (B) A general description of the operating authority held by the motor carrier;
   3. (C) A financial statement or balance sheet giving detailed information concerning the financial condition of the applicant;
   4. (D) An operating statement of the applicant showing in detail its operating results for the twelve (12)-month period just prior to the filing date of the application;
   5. (E) A copy of the proposed note, bond, stock certificate, mortgage, and the like proposed to be issued; and
   6. (F) A statement of the use to be made of the proceeds of the financing.

AUTHORITY: section 622.027, RSMo 1994.* Emergency rule filed Aug. 1, 1986, effective Aug. 13, 1986, expired Oct. 23, 1986. Original rule filed July 31, 1986, effective Oct. 27, 1986. Emergency rescission filed Oct. 3, 1986, effective Oct. 23, 1986, expired Dec. 11, 1986. Emergency amendment filed Dec. 1, 1995, effective Dec. 11, 1995, expired Dec. 19, 1995. Emergency amendment filed Dec. 20, 1994, effective Jan. 1, 1995, expired April 30, 1995. Emergency amendment filed April 20, 1995, effective May 1, 1995, expired Aug. 28, 1995. Emergency amendment filed Aug. 18, 1995, effective Aug. 29, 1995, expired Feb. 24, 1996. Amended: Filed Aug. 3, 1995, effective Feb. 25, 1996.

*Original authority: 622.027, RSMo 1985, 1993, 1995.