A land bank agency shall neither possess nor exercise the power of eminent domain. A land bank agency shall not have the power to tax.
Mo. Rev. Stat. § 140.1015
Eminent domain, agency not authorized to exercise — no power to tax
Known as the Chapter 140 Land Bank Act
The act spans §§ 140–140 (92 sections).
Effective: 28 Aug 2019; (L. 2019 H.B. 821)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.