Effective - 28 Aug 1991
349.012. Promotion of commercial and industrial development, powers of governing bodies of cities and counties. — The governing body shall have the power to spend its funds to promote commercial and industrial development and, in order to achieve such promotion, to engage in any activities, either on its own or in conjunction and by contract with any not-for-profit organization, which it deems necessary to carry on such promotional work.
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(L. 1980 H.B. 1582 & 1277, A.L. 1991 S.B. 246)
Structure Missouri Revised Statutes
Title XXIII - Corporations, Associations and Partnerships
Chapter 349 - Industrial Development Corporations
Section 349.010 - Definitions.
Section 349.015 - No eminent domain.
Section 349.020 - Agricultural operations not authorized.
Section 349.025 - Who may be incorporators.
Section 349.030 - Articles of incorporation, form and contents of.
Section 349.035 - Articles, where filed — secretary of state to issue certificate, when.
Section 349.040 - Articles, how amended.
Section 349.050 - Powers of corporation.
Section 349.052 - General and business corporation law applicable — exceptions.
Section 349.055 - Revenue bonds, issuance, provisions, sale.
Section 349.060 - Notes, issuance, provisions, sale.
Section 349.065 - Renewal notes, issued when, how.
Section 349.070 - Resolutions authorizing issuance of bonds or notes, provisions authorized in.
Section 349.075 - Trust agreements authorized.
Section 349.080 - Individuals not liable on notes or bonds.
Section 349.085 - Notes and bonds declared to be approved investments for fiduciaries.
Section 349.090 - Projects not tax exempt, exceptions — bond and note interest is exempt, exception.
Section 349.095 - Dissolution of corporation, effect of.
Section 349.100 - Disclaimer as to impairment of other powers of political subdivisions.