State Codes and Statutes
Statutes > Missouri > T10 > C139 > 139_052Taxes payable in installments may be adopted by ordinance in anycounty--delinquency, interest rate--payment not to affect rightof taxpayer to protest--exemption for property taxes paid byfinancial institutions.
139.052. 1. The governing body of any county may by ordinance ororder provide for the payment of all or any part of current and delinquentreal property taxes, in such installments and on such terms as thegoverning body deems appropriate. Additionally, the county legislativebody may limit the right to pay such taxes in installments to certainclasses of taxpayers, as may be prescribed by ordinance or order. Anydelinquent taxes shall bear interest at the rate provided by section140.100, RSMo, and shall be subject to the fees provided by law.
2. The county official charged with the duties of the collector shallissue receipts for any installment payments.
3. Installment payments made at any time during a tax year shall notaffect the taxpayer's right to protest the amount of such tax paymentsunder applicable provisions of law.
4. Subsection 1 of this section shall not apply to payment for realproperty taxes by financial institutions, as defined in section 381.410,RSMo, who pay tax obligations which they service from escrow accounts, asdefined in Title 24, Part 3500, Section 17, Code of Federal Regulation, asamended.
(L. 1989 S.B. 107 § 1, A.L. 1991 H.B. 608, A.L. 2001 H.B. 738 merged with S.B. 186)
