Section 140.987 – Sale of property, buyer must own for three years — violation, civil liability.
Effective – 28 Aug 2019 140.987. Sale of property, buyer must own for three years — violation, civil liability. — A land bank agency shall ensure that any contract for the sale of residential property owned by the land bank agency shall have a clause that the buyer shall own the property for three years […]
Section 140.988 – Funding sources for agency — property taxes, distribution by county collector to agency after sale of property.
Effective – 28 Aug 2019 140.988. Funding sources for agency — property taxes, distribution by county collector to agency after sale of property. — 1. A land bank agency may receive funding through grants, gifts, and loans from political subdivisions, the state, the federal government, and other public and private sources. 2. Except as otherwise […]
Section 140.991 – Annual audit, when — performance audit, when.
Effective – 28 Aug 2019 140.991. Annual audit, when — performance audit, when. — 1. There shall be an annual audit of the affairs, accounts, expenses, and financial transactions of a land bank agency by a certified public accountant before April thirtieth of each year, which accountant shall be employed by the land bank agency […]
Section 140.997 – Meeting requirements.
Effective – 28 Aug 2019 140.997. Meeting requirements. — Except as otherwise provided under state law, the land bank agency meetings shall cause minutes and a record to be kept of all its proceedings. The land bank agency shall be subject to the provisions of chapter 109, chapter 610, and any other applicable provisions of […]
Section 140.981 – Land bank agency authorized, purpose — beneficiaries — public body corporate and politic.
Effective – 28 Aug 2019 140.981. Land bank agency authorized, purpose — beneficiaries — public body corporate and politic. — 1. Any home rule city with more than seventy-one thousand but fewer than seventy-nine thousand inhabitants may establish a land bank agency for the management, sale, transfer, and other disposition of interests in real estate […]
Section 140.982 – Organization, duties, and powers.
Effective – 28 Aug 2019 140.982. Organization, duties, and powers. — The governing body of the city establishing a land bank agency, or the chief administrative officer of the city establishing a land bank agency, shall have the power to organize and reorganize the executive, administrative, clerical, and other departments of the land bank agency […]
Section 140.690 – Such taxes a lien.
Effective – 28 Aug 1959 140.690. Such taxes a lien. — Real property is in all cases liable for all taxes due any city or incorporated town, and a lien is created in favor of the state of Missouri for all these taxes, and the interest and costs provided by law, the same as for […]
Section 140.710 – To be embodied in list with state and county taxes.
Effective – 28 Aug 1939 140.710. To be embodied in list with state and county taxes. — The tax and special assessments on the property contained in the delinquent list of such city or incorporated town shall be added to the same property, if the same property is contained in the delinquent list for state […]
Section 140.720 – Collector to furnish statement to city — fees.
Effective – 28 Aug 1945 140.720. Collector to furnish statement to city — fees. — 1. The county collector shall, whenever he makes a statement of tax collections to the county commission as required by law, also furnish the treasurers of the cities and incorporated towns a statement of all delinquent and back taxes due […]
Section 140.722 – Conveyances subject to covenants and easements.
Effective – 28 Aug 1996 140.722. Conveyances subject to covenants and easements. — Any sale of lands under this chapter shall be subject to valid recorded covenants running with the land and to valid easements of record or in use. ——– (L. 1996 H.B. 979)