☰ Revisor of Missouri


Chapter 305

< > Effective - 28 Aug 1972    bottom

  305.550.  Additional powers of authority. — 1.  The authority may also:

  (1)  Enter into contracts regarding any matter connected with any purpose within the objects and purposes of sections 305.500 to 305.585;

  (2)  Employ agents and employees necessary to carry out the duties and purposes of the authority;

  (3)  Adopt all necessary bylaws, rules and regulations for the conduct of the business and affairs of the authority, and for the management and use of facilities and sites acquired under the powers granted by sections 305.500 to 305.585;

  (4)  Have and use a common seal and alter the same at pleasure;

  (5)  Secure grants or loans, or both, from the United States government, or any agency thereof, for financing the establishment and construction of any airport, related facility, or any part of any of the foregoing authorized by sections 305.500 to 305.585. For such purposes the authority may issue and sell or pledge to the United States government, or any agency thereof, all or any part of the revenue bonds authorized under sections 305.530, 305.535 and 305.540, and may execute contracts and documents and do all things that may be required by the United States government, or any agency thereof, provided that such contract and documents do not conflict with the provisions of any resolution authorizing and securing the payment of outstanding bonds of the authority theretofore issued that are payable from the revenues derived from the operation of any authority airport, and related facility.

  2.  Nothing in this section or in any other provision of sections 305.500 to 305.585 shall be construed to authorize the authority to establish or enforce any regulation or rule in respect to the operation or maintenance of its airports and related facilities within its jurisdiction which is in conflict with any federal or state law or regulation applicable to the same subject matter.


(L. 1972 H.B. 1341 § 11)

Effective 2-04-72

---- end of effective  28 Aug 1972 ----

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