☰ Revisor of Missouri

Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS

Chapter 360

Effective - 28 Aug 1975 bottom

  360.090.  Authority to be self-supporting, exception. — All expenses of the authority incurred in carrying out the provisions of sections 360.010 to 360.140 shall be payable solely from funds provided under the provisions of sections 360.010 to 360.140, and no liability shall be incurred by the authority beyond the extent to which moneys shall have been provided under sections 360.010 to 360.140, except that, for the purpose of meeting the necessary expenses of initial organization and operation until such date as the authority derives moneys from funds provided hereunder.  The authority shall be empowered to borrow such moneys as may be required for the necessary expenses of initial organization and operation.  The borrowed moneys shall be repaid within a reasonable time after the authority receives funds as provided in sections 360.010 to 360.140 and shall be repaid solely from such funds.

­­--------

(L. 1975 H.B. 70 § 16)


---- end of effective   28 Aug 1975 ----

use this link to bookmark section  360.090


In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Pictures Contact
Other Links
Oversight MOLIS Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@10:23:44.4 25 :)