The consent of the state is hereby granted to, and all appropriate powers are hereby conferred upon, any municipality or political subdivision organized under the laws of the state to institute any appropriate action authorized by any act of the Congress of the United States relating to bankruptcy on the part of any municipality or political subdivision.
Mo. Rev. Stat. § 427.100
Bankruptcy of political subdivision, consent to institute action
Known as the Collateral Protection Act
The act spans §§ 427–427 (24 sections).
Effective: 11 Apr 1995, see footnote; (L. 1995 S.B. 414)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.