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2019 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 (2019)
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Effective 28 Aug 1945
353.090. Maintain reserves for specific purposes. — 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.
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(L. 1945 p. 1242 § 8)
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