2019 Missouri Revised Statutes
Title XL - Additional Executive Departments
Chapter 620 - Department of Economic Development
Section 620.1025 Director, duties.
Effective 28 Aug 1994
620.1025. Director, duties. — The director of the department of economic development shall:
(1) Review requests for assistance submitted by Missouri companies, including those in financial difficulty and in danger of closing;
(2) Determine which companies that submit requests could be helped by a plan developed by a team;
(3) Select the members of a team. The members shall be composed of persons with knowledge and experience in a field which is, as nearly as possible, similar to the business. The members shall be:
(a) Experienced corporate managers on loan from successful businesses;
(b) Specialists, from businesses or institutions of higher education, in areas of finance, business modernization, manufacturing, engineering, law or marketing;
(c) Successful retired business executives; and
(d) Government officials;
(4) Supply to a team such professional, technical, legal, stenographic and clerical help as may be necessary for it to perform its duties.
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(L. 1993 H.B. 566 § 3, A.L. 1994 H.B. 1248 & 1048)
