Section 238.408 – Property held by transit authority — status for purposes of taxation.
Effective – 28 Aug 1991 238.408. Property held by transit authority — status for purposes of taxation. — All property, real and personal, owned or held by any transit authority established pursuant to section 238.400, and all interest income derived from any notes, bonds or other instruments in writing issued by such transit authority, shall […]
Section 238.342 – Indemnification of directors, employees.
Effective – 30 May 1990 238.342. Indemnification of directors, employees. — 1. The corporation may indemnify any current or former director or employee for expenses actually and reasonably incurred by him in connection with any claim asserted against him in the absence of his gross negligence, intentional misconduct, or other willful and wrongful acts or […]
Section 238.345 – Commission may provide assistance, how.
Effective – 30 May 1990 238.345. Commission may provide assistance, how. — The commission may contract with a corporation to provide it assistance in project funding, promotion, planning, design, right-of-way acquisition, relocation assistance services, construction, maintenance, and operation. The commission may charge the corporation a reasonable fee, not exceeding the actual cost of providing the […]
Section 238.347 – Rules, commission may adopt.
Effective – 30 May 1990 238.347. Rules, commission may adopt. — The commission is authorized to adopt reasonable administrative rules regarding transportation corporations under chapter 536. ——– (L. 1990 S.B. 479 & 649 § 29) Effective 5-30-90
Section 238.350 – Projects, regulation of — treatment as part of highway system, when.
Effective – 30 May 1990 238.350. Projects, regulation of — treatment as part of highway system, when. — 1. For the purpose of law enforcement, a corporation project shall be treated as a commission highway under chapter 43. 2. All laws of this state relating to maintaining, signing, damaging, and obstructing roads shall apply to […]
Section 238.352 – Transfer of project to commission, when — dissolution of corporation, required when — procedures.
Effective – 30 May 1990 238.352. Transfer of project to commission, when — dissolution of corporation, required when — procedures. — 1. When a project is completed and all outstanding bonds, notes, obligations, liabilities or other debts of the corporation have been paid and retired or the corporation has provided for payment or retirement as […]
Section 238.355 – Dissolution by commission, procedures, limitations.
Effective – 30 May 1990 238.355. Dissolution by commission, procedures, limitations. — 1. The commission may alter the organization, project or activities of the corporation by written directions to the board. 2. The commission may dissolve the corporation. The commission shall not dissolve the corporation until all outstanding debts and obligations of the corporation have […]
Section 238.357 – Dissolution by board, procedures.
Effective – 30 May 1990 238.357. Dissolution by board, procedures. — 1. Whenever the board by resolution shall determine that the purposes for which the corporation was formed have been complied with and that all obligations of the corporation have been fully paid or that appropriate judicial action to conclude the affairs of an insolvent […]
Section 238.335 – Condemnation, subject to commission approval — procedures — relocation expenses to be paid, how.
Effective – 30 May 1990 238.335. Condemnation, subject to commission approval — procedures — relocation expenses to be paid, how. — 1. The commission is authorized to condemn lands for the corporation in the name of the state of Missouri, upon prior approval by the commission as to the necessity for the taking, the description […]
Section 238.337 – Contractual powers.
Effective – 30 May 1990 238.337. Contractual powers. — The corporation may contract with: (1) A federal agency, a state or its agencies and political subdivisions * , the commission, a local transportation authority, a corporation, partnership or individual regarding funding, promotion, planning, designing, constructing, improving, maintaining or operating a project or to assist in […]