Section 444.650

Title XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY

Chapter 444

Effective - 28 Aug 1971   

  444.650.  Application for release from bond — objection, effect of — appeal. — 1.  Prior to release of the bond or any portion thereof, application shall be made by the operator to the commission, either with the completion reports or subsequent to such reports, for release of the bond.

  2.  If the commission determines that the bond, or any portion thereof, should be released, an order may be so issued without hearing, unless there is filed with the commission within thirty days of the date the application for release is filed, by an aggrieved party, a petition in opposition to release of the bond.  In such case the commission shall hold a hearing as provided in section 444.680 and enter such order as shall be appropriate.

  3.  If the commission determines that the bond, or any portion thereof, should not be released, the commission shall issue an order to that effect with the reasons for the order and shall give notice to the operator.  A hearing shall be held by the commission as provided in section 444.680 if requested by the operator within thirty days of the date of notice of the order.  At such hearing burden of proof shall be on the operator.  After hearing, the commission shall enter such order as shall be appropriate and shall give notice to the operator.

  4.  Appeal may be taken as provided in section 444.700, by any party to the proceeding, from any order issued pursuant to this section.

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(L. 1971 S.B. 1 § 18)