Effective - 03 Nov 1992
215.020. Commission established, members, qualifications, terms, quorum, compensation. — 1. There is hereby created and established as a governmental instrumentality of the state of Missouri the "Missouri Housing Development Commission" which shall constitute a body corporate and politic.
2. The commission shall consist of the governor, lieutenant governor, the state treasurer, the state attorney general, and six members to be selected by the governor, with the advice and consent of the senate. The persons to be selected by the governor shall be individuals knowledgeable in the areas of housing, finance or construction. Not more than four of the members appointed by the governor shall be from the same political party. The members of the commission appointed by the governor shall serve the following terms: Two shall serve two years, two shall serve three years, and two shall serve four years, respectively. Thereafter, each appointment shall be for a term of four years. If for any reason a vacancy occurs, the governor, with the advice and consent of the senate, shall appoint a new member to fill the unexpired term. Members are eligible for reappointment.
3. Six members of the commission shall constitute a quorum. No vacancy in the membership of the commission shall impair the right of a quorum to exercise all the rights and perform all the duties of the commission. No action shall be taken by the commission except upon the affirmative vote of at least six of the members of the commission.
4. Each member of the commission appointed by the governor is entitled to compensation of fifty dollars per diem plus his reasonable and necessary expenses actually incurred in discharging his duties under sections 215.010 to 215.250.
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(L. 1969 H.B. 130 §§ 2 to 5, A.L. 1992 S.B. 676 Adopted by referendum, Proposition C, November 3, 1992)
Structure Missouri Revised Statutes
Title XII - Public Health and Welfare
Section 215.010 - Definitions.
Section 215.020 - Commission established, members, qualifications, terms, quorum, compensation.
Section 215.038 - Projects eligible for assistance.
Section 215.040 - Fees for insuring loans, use of proceeds.
Section 215.060 - Loans made, purchased, when.
Section 215.062 - Weatherization loan program, commission to continue.
Section 215.070 - Debt service reserve fund — deposits to — investment of.
Section 215.080 - Commission to set interest rate.
Section 215.100 - Commission to regulate amortization period.
Section 215.110 - Discrimination prohibited.
Section 215.120 - Issuance of bonds or notes authorized.
Section 215.130 - Resolution authorizing issue of bonds or notes may provide what.
Section 215.140 - Commission members not personally liable on notes or bonds.
Section 215.150 - Redemption of notes and bonds.
Section 215.160 - Indebtedness limited, exception.
Section 215.170 - Default, trustee appointed when, powers of trustee.
Section 215.180 - Venue of action, notice, how given.
Section 215.190 - Notes and bonds, approved securities.
Section 215.200 - Property and obligations of commission tax exempt.
Section 215.210 - Services commission may provide for nonprofit corporations.
Section 215.220 - Commission funds not to inure to private persons, exceptions.
Section 215.230 - Termination or dissolution of commission, effect of.
Section 215.240 - Audit, copies, who shall receive.
Section 215.250 - Repayment of general revenue funds.
Section 215.300 - Definitions.
Section 215.307 - Owners of multifamily housing projects eligible for additional subsidies, when.
Section 215.316 - Public hearing and consultations required before subsidies granted.