Section 260.080 – Funds of authority not to be distributed to members or private persons, except for compensation for services.
Effective – 22 Jan 1973 260.080. Funds of authority not to be distributed to members or private persons, except for compensation for services. — No part of the funds of the authority shall inure to the benefit of or be distributable to its members or other private persons except that the authority is authorized and […]
Section 260.085 – Termination or dissolution, property to pass to state.
Effective – 22 Jan 1973 260.085. Termination or dissolution, property to pass to state. — Upon termination or dissolution, all rights and properties of the authority shall pass to and be vested in the state of Missouri, subject to the rights of noteholders, bondholders, and other creditors. ——– (L. 1972 H.B. 1041 § 17) Effective […]
Section 260.090 – Proposed expenditure of federal funds in coming fiscal year requires itemized report to appropriations and the oversight division, committee on legislative research.
Effective – 30 Apr 1982 260.090. Proposed expenditure of federal funds in coming fiscal year requires itemized report to appropriations and the oversight division, committee on legislative research. — On or before the first Wednesday after the first Monday in January of each year, if the state environmental improvement and energy resources authority desires to […]
Section 260.095 – Contracts between authority and political subdivisions, purpose.
Effective – 28 Aug 1985 260.095. Contracts between authority and political subdivisions, purpose. — Any municipality, public body, political subdivision or municipal corporation may enter into leases, contracts, releases, compromises and loan agreements with the authority for the purpose of developing energy resources or preventing or reducing pollution or the disposal of solid waste or […]
Section 260.100 – Authority member not personally liable on notes or bonds issued.
Effective – 30 Apr 1982 260.100. Authority member not personally liable on notes or bonds issued. — No member of the state environmental improvement and energy resources authority or any authorized person executing any notes or bonds authorized under sections 260.005 to 260.125 shall be liable personally on the notes or bonds or be subject […]
Section 260.110 – Statutory conflicts, which prevails.
Effective – 30 Apr 1982 260.110. Statutory conflicts, which prevails. — The provisions of sections 260.005 to 260.125 shall prevail in the case of any conflict between sections 260.005 to 260.125 and any other provision of law, but any powers, duties and functions granted under the provisions of sections 260.005 to 260.125 shall be deemed […]
Section 260.115 – Loans for energy resource development, requirements — fee charged, when — deposit in and use of energy resources insured loan fund.
Effective – 30 Apr 1982 260.115. Loans for energy resource development, requirements — fee charged, when — deposit in and use of energy resources insured loan fund. — 1. All loans authorized under section 260.035 for the development of energy resources shall be made only upon determination by the authority that loans are not otherwise […]
Section 260.120 – Interest rate on loans.
Effective – 30 Apr 1982 260.120. Interest rate on loans. — 1. The authority may set, from time to time, the interest rates at which it shall make loans, keeping its interest rates at the lowest level consistent with its cost of operation and its responsibilities to the holders of its bonds, bond anticipation notes, […]
Section 260.125 – Severability.
Effective – 30 Apr 1982 260.125. Severability. — 1. If any provision of sections 260.005 to 260.125 is found by a court of competent jurisdiction to be unconstitutional, the remaining provisions of sections 260.005 to 260.125 are valid unless the court finds the valid provisions of the statute are so essentially and inseparably connected with, […]
Section 260.050 – Renewal notes or refunding bonds issued when.
Effective – 22 Jan 1973 260.050. Renewal notes or refunding bonds issued when. — The authority may from time to time issue renewal notes or refund any bonds by the issuance of refunding bonds, whether the bonds to be refunded have or have not matured, and to issue bonds partially to refund bonds then outstanding […]