Upon termination or dissolution, all rights and properties of the authority shall pass to and be vested in the state of Missouri, subject to the rights of noteholders, bondholders, and other creditors.
Mo. Rev. Stat. § 348.095
Termination of authority, rights and property to vest in state — exceptions
Known as the Missouri Agricultural and Small Business Development Loan Act
The act spans §§ 348–348 (100 sections).
Effective: 28 Aug 1981; (L. 1981 H.B. 681 § 20)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.