Missouri Laws 393.500 – Gas in underground storage personal property
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Terms Used In Missouri Laws 393.500
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- Property: includes real and personal property. See Missouri Laws 1.020
Whenever gas belonging to any person or corporation is injected into underground storage, it shall, unless and until it be abandoned by the owner thereof, be and remain personal property and the property of the owner thereof, and shall not be subject to production, taking, reduction to possession, waste or interference by the owner of the surface of the land under which the gas storage company has obtained the right to store gas, or by any person whomsoever except the owner thereof and persons acting by his authority; provided nothing herein contained shall apply to a person under whose land gas may be stored without the gas storage company having obtained the right to store gas.