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2011 Missouri Revised Statutes
TITLE VII CITIES, TOWNS AND VILLAGES
Chapter 92 Taxation in St. Louis, Kansas City (and Certain Other Cities)
Section 92.880. Beneficiaries of authority--interest, how determined.
Universal Citation:
MO Rev Stat § 92.880.
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Beneficiaries of authority--interest, how determined.
92.880. The beneficiaries of the land reutilization authority shall be the taxing authorities which held or owned tax bills against the respective parcel of real estate sold to the land reutilization authority at sheriff's foreclosure sale included in the judgment of the court, and their respective interests in each parcel of real estate shall be to the extent and in the proportion and according to the priorities determined by the court on the basis which the principal amount of their respective tax bills bore to the total principal amount of all of the tax bills described in the judgment.
(L. 1971 H.B. 472 35)
Annotation Copyright Missouri Joint Committee on Legislative Research
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