State Codes and Statutes
Statutes > Missouri > T23 > C353 > 353_090Maintain reserves for specific purposes.
353.090. An urban redevelopment corporation shall establishand maintain depreciation, obsolescence, and other reserves, alsosurplus and other accounts, including, among others, a reservefor the payment of taxes according to recognized standardaccounting practices.
(L. 1945 p. 1242 § 8)