Mo. Rev. Stat. ch. 353 – Urban Redevelopment Corporations Law | Midpage

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Revised Statutes of Missouri

Chapter 353

Mo. Rev. Stat. ch. 353

Urban Redevelopment Corporations Law

353.010Citation of chapter 353.020Definitions 353.030Organization of corporation — contents of articles of agreement 353.040Life insurance company operating as urban redevelopment corporation — limitation on earnings — disposition of surplus 353.050Use of word "redevelopment" prohibited — exceptions 353.060Urban redevelopment corporation may operate one or more development projects — powers, public hearing required, when 353.070General corporation laws unless conflicting apply 353.080Notice of meetings to holders of income debentures 353.090Maintain reserves for specific purposes 353.100When corporation may pay interest on its income debentures or dividends on its stock 353.110Real property exempt from taxation — limitation 353.120Transfer by fiduciaries and public agencies of real property to a redevelopment corporation 353.130Redevelopment corporation may acquire property 353.140Occupancy of property acquired by corporation by previous owners — conditions 353.150Borrowing of money and giving of security by corporation 353.160May accept grants or loans from the United States government 353.170City may acquire, clear, convey or lease property for use in redevelopment project 353.180Any corporation may purchase shares of stock of urban redevelopment corporation 353.190Real property tax abatement not to apply, excursion gambling boats