State Codes and Statutes
Statutes > Missouri > T24 > C371 > 371_220Corporate income exempt from income tax.
371.220. All income received by a development financecorporation is exempt from the taxes imposed on incomes by thisstate; but this exemption does not apply to income received bystockholders of the development finance corporation in the formof dividends or otherwise.
(L. 1961 p. 157 § 20)