Missouri Revised Statutes
Chapter 348 - Authorities and Corporations for Economic and Technological Development — Small Businesses
Section 348.312 - Construction of provisions.

Effective - 30 May 1986
348.312. Construction of provisions. — No provision of sections 348.300 to 348.318* shall be construed to require a qualified economic development organization to accept an interest in any fund, nor shall any provision of sections 348.300 to 348.318* be construed to limit or restrict the terms and conditions on which a qualified economic development organization may agree to accept an interest in any fund.
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(L. 1986 S.B. 591 § 7)
Effective 5-30-86
*Words "this act" appear in original rolls. S.B. 591 (1986) also contained §§ 100.310 and 100.390.

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XXIII - Corporations, Associations and Partnerships

Chapter 348 - Authorities and Corporations for Economic and Technological Development — Small Businesses

Section 348.005 - Law, how cited.

Section 348.010 - Purposes.

Section 348.015 - Definitions.

Section 348.020 - Authority created — powers to vest in commission — commissioners, number, appointment, qualifications.

Section 348.025 - Commission members, who may serve.

Section 348.030 - Commissioners' terms.

Section 348.035 - Bond required for commissioners, executive director and employees, cost.

Section 348.040 - Removal of commissioners from office, procedure.

Section 348.045 - Officers, terms.

Section 348.050 - Meetings, quorum — actions by resolution, requirements.

Section 348.055 - Expenses of commission, no compensation to be paid.

Section 348.060 - Employees, appointment, qualifications, compensation — executive director to be secretary.

Section 348.065 - Secretary's duties

Section 348.070 - Powers of authority.

Section 348.075 - Rules and regulations, promulgation, procedure.

Section 348.080 - Duties of authority.

Section 348.085 - Cooperation with federal and state agencies.

Section 348.090 - Additional powers of authority.

Section 348.095 - Termination of authority, rights and property to vest in state — exceptions.

Section 348.100 - Loans, authority may purchase or participate, requirements.

Section 348.110 - Bond issues and notes authorized.

Section 348.115 - Obligations not debt of the state or political subdivision — payable only from revenues or assets of authority.

Section 348.120 - Note issue and renewal — bond issues and refunding authorized.

Section 348.125 - Notes and bond issues to be authorized by resolution containing terms.

Section 348.130 - Pledges of authority to be liens on all authority assets.

Section 348.135 - Facsimile signatures, validity.

Section 348.140 - Redemption of notes and bonds — powers — price.

Section 348.145 - Issuance of refunding obligations — terms, how determined.

Section 348.150 - Sale or exchange of refunding obligation, proceeds, purposes and investments authorized.

Section 348.155 - Compliance with other state laws regulating bonds, notes, obligations, not required.

Section 348.160 - Alteration or impairment of terms, rights and remedies by state, prohibited — face of instruments to contain state pledge.

Section 348.165 - Official person executing bonds and notes, no personal liability.

Section 348.170 - Bonds and notes of authority deemed negotiable instruments, subject to registration.

Section 348.175 - Investment powers and limitations of authority.

Section 348.180 - Annual report — audit.

Section 348.181 - Records of Missouri agricultural and small business development authority to be closed, when.

Section 348.185 - Statement of purpose.

Section 348.190 - Loan guarantee program — rules, regulations, promulgation, procedure.

Section 348.195 - Certificate of guaranty may be issued, conditions — eligible lender, defined — participation fee, amount — limitation of amount.

Section 348.200 - Single-purpose animal facilities loan guarantee fund established — administration.

Section 348.205 - Money not needed may be invested.

Section 348.210 - Eligibility for guarantees for loans — rules — terms, conditions.

Section 348.215 - Policy of collection and recovery.

Section 348.220 - Animal waste facilities loan program guarantees — priorities, limitations.

Section 348.225 - Single-purpose animal facilities loan program fund created — purpose.

Section 348.230 - Linked deposit loans for dairy cows, first year of interest to be paid by authority — fee authorized.

Section 348.235 - Dairy business planning grants authorized — application procedure, fee — limit on grant — rulemaking authority.

Section 348.250 - Citation.

Section 348.251 - Missouri technology corporation, established — definitions — public hearing, notice.

Section 348.251 - Definitions — Missouri technology corporation may be established — corporation, defined — public hearing, notice.

Section 348.253 - Contracts with not-for-profit organizations, objectives.

Section 348.256 - Articles of incorporation, bylaws, methods of operation, content — members, qualifications — audits — evaluations — tax exemptions — conflicts of interest.

Section 348.256 - Articles of incorporation, bylaws, content — members, qualifications.

Section 348.257 - Executive committee established, members, duties — audit committee, duties — research alliance, report, contents — rules authority.

Section 348.261 - Powers — leveraging of nonstate resources — moneys, authority over — notice of financial assistance recipients to general assembly.

Section 348.261 - Powers.

Section 348.262 - Department may contract with corporations.

Section 348.262 - Department may contract with corporations.

Section 348.263 - Open meetings and sunshine law applicability — records, requirements.

Section 348.263 - Replaces corporation for business modernization and technology with Missouri technology corporation — transfer.

Section 348.264 - Science and innovation reinvestment fund established — source of funds — purpose.

Section 348.264 - Technology investment fund established — source of funds — purpose.

Section 348.265 - Base year gross wages calculation — transfer of funds, amount — expenditure of funds — strategic plan required.

Section 348.266 - Debts incurred not debt of the state — subject to not-for-profit corporation law.

Section 348.269 - No limitation on enumerated powers — prior authorization of general assembly for sale of assets — inapplicability of sunset act — severability clause.

Section 348.271 - Innovation centers to be established to develop new science and innovation-based business duties, reports — match requirements.

Section 348.271 - Innovation centers to be established to develop new technology-based business duties, reports.

Section 348.272 - Centers for advanced technology may be established in university-affiliated research institutes — requirements, funding limitations — duties of department of economic development.

Section 348.275 - Rulemaking authority, procedure.

Section 348.280 - Contingent effective date.

Section 348.300 - Definitions.

Section 348.300 - Definitions.

Section 348.302 - Tax credit, evidenced by certificate — may be used when — limitations on credit, credits transferable.

Section 348.304 - Certificates, how issued, limitations, exchanges.

Section 348.306 - Transfer of certificates, procedure, limitations.

Section 348.308 - Duties of director of economic development — issuance of certificates.

Section 348.310 - Acceptance of certificate in lieu of payment, reissuance of certificate for amount of unused balance.

Section 348.312 - Construction of provisions.

Section 348.316 - Report required from qualified funds, when, form, verified by affidavit, contents — duties of director of department of economic development — payment of taxes, due when.

Section 348.318 - Interest and penalty provisions, how determined — procedural matters, how determined.

Section 348.400 - Definitions.

Section 348.403 - Authority to develop program — rules — reject application, when.

Section 348.406 - Certificates of guaranty — fee — limitations.

Section 348.407 - Development and implementation of grants and loans — fee authority's powers — assistance to businesses — rules.

Section 348.408 - Agricultural product utilization grant fund established — limitation on grants.

Section 348.409 - Agricultural product utilization and business loan guarantee fund established.

Section 348.410 - Agricultural product utilization business development loan program fund established — duties of department of agriculture.

Section 348.412 - Use of loan proceeds — eligibility — rules.

Section 348.414 - Executive director's powers, compensation — funds and services not to be provided for projects outside state.

Section 348.415 - Collections.

Section 348.426 - Rules, effective, when — rules invalid and void, when.

Section 348.430 - Agricultural product utilization contributor tax credit — definitions — requirements — limitations — report.

Section 348.432 - New generation cooperative incentive tax credit — definitions — requirements — limitations — report.

Section 348.434 - Limitations on credits issued.

Section 348.436 - Expiration date.

Section 348.438 - Departments to provide assistance.

Section 348.439 - Oversight and report on credits.

Section 348.491 - Citation of law — definitions — program established, eligibility, requirements — rules — sunset provision.

Section 348.493 - Program lenders — tax credit, amount — certificate of tax credit, issuance of, when — tax credit requirements — sunset provision.

Section 348.500 - Family farms act — definitions — loan program for livestock, qualifications — rulemaking authority.

Section 348.505 - Tax credit for family farm livestock loan program, procedure.

Section 348.515 - Recognition of benefit of providing assistance to certain family farm operations.

Section 348.518 - Livestock feed and crop input loan guarantee program established — rulemaking authority.

Section 348.521 - Authority to issue certificates of guaranty — eligible lender defined — fee authorized — limit on outstanding guaranteed loans.

Section 348.524 - Livestock feed and crop input loan guarantee fund established — use of moneys.

Section 348.527 - Investment of fund moneys.

Section 348.530 - Eligibility for loans — rulemaking authority.

Section 348.533 - Policy for collection and recovery of loans — action authorized to recover amounts due.