Public-domain · open source
OpenJurist

Mo. Rev. Stat. § 141.810

Compensation of employees, limitations — penalty for violation

Known as the Chapter 141 Municipal Land Bank Act

The act spans §§ 141–141 (104 sections).

Effective: 28 Aug 1943; (L. 1943 p. 1029 § 46)

1. Neither said trustees nor any salaried employee of the land trust, provided for herein, shall receive any compensation, emolument or other profit directly or indirectly from the rental, management, purchase, sale or other disposition of any lands held by such land trust other than the salaries, expenses and emoluments provided for herein.

2. Any person convicted of violating this section shall be deemed guilty of a felony and upon conviction thereof shall be sentenced to serve not less than two nor more than five years in the state penitentiary.

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