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Mo. Rev. Stat. § 140.320

Payment of taxes by purchaser — forfeiture

Known as the Chapter 140 Land Bank Act

The act spans §§ 140–140 (92 sections).

Effective: 28 Aug 1939; (RSMo 1939 § 11136)

Any purchaser at delinquent tax sale of any tract or lot of land, his heirs or assigns, who takes possession of any tract or lot of land within the redemption period shall be required to pay the taxes subsequently assessed on such tract or lot of land during the period of occupancy and within the redemption period, and upon failure so to do, or if he commit waste thereon, such purchaser, his heirs or assigns, shall forfeit all rights acquired by his certificate of purchase, so far as the tract or lot of land taken possession of is concerned.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.