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2012 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 353 Urban Redevelopment Corporations Law
Section 353.090 Maintain reserves for specific purposes.
Universal Citation:
MO Rev Stat § 353.090 (2012)
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Maintain reserves for specific purposes.
353.090. An urban redevelopment corporation shall establish and maintain depreciation, obsolescence, and other reserves, also surplus and other accounts, including, among others, a reserve for the payment of taxes according to recognized standard accounting practices.
(L. 1945 p. 1242 8)
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