Mo. Rev. Stat. § 79.560
This is the official text of Mo. Rev. Stat. § 79.560, part of Missouri’s Rev. Stat — part of the compiled statutory law of Missouri, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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79.560 Purchases of real property, cooperation of other political subdivisions — ...
Official statutory text
79.560. Purchases of real property, cooperation of other political subdivisions — limitation of powers (certain municipalities). — 1. Where the authority attempts to purchase real property for fair market value from any political subdivision in this state, such political subdivision shall, if at all possible and if it would not incur undue hardship, assist the authority by selling such property.
2. The provisions of sections 79.550 to 79.565 shall apply only in the boundaries of the municipality which establishes a municipal redevelopment authority as such boundaries existed on January 1, 1988. If any such municipality disincorporates after establishing an authority, the authority shall be dissolved, except that the authority shall determine the method of retiring any bonds issued by the authority.
(L. 1988 H.B. 1738 § 5, A.L. 1990 H.B. 1564) Effective 7-12-90
2. The provisions of sections 79.550 to 79.565 shall apply only in the boundaries of the municipality which establishes a municipal redevelopment authority as such boundaries existed on January 1, 1988. If any such municipality disincorporates after establishing an authority, the authority shall be dissolved, except that the authority shall determine the method of retiring any bonds issued by the authority.
(L. 1988 H.B. 1738 § 5, A.L. 1990 H.B. 1564) Effective 7-12-90
Status: in_force · Read it on the official government site
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