All property, real and personal, owned or held by the bi-state development agency, and all interest income derived from any notes, bonds or other instruments in writing issued by the bi-state development agency, shall possess the same status, with respect to taxation in the state of Missouri, as is now or may hereafter be possessed by property, real and personal, owned or held by cities within said state of Missouri, and by the interest income derived from notes, bonds or other instruments in writing issued by such cities.
Mo. Rev. Stat. § 70.375
Tax status of property and bonds of bi-state agency
Applied in 1 court decision — leading case Barket, Levy & Fine, Inc. v. St. Louis Thermal Energy Corp. (1991)
Most recently applied in Barket, Levy & Fine, Inc. v. St. Louis Thermal Energy Corp. (November 1991)
Effective: 28 Aug 1959; (L. 1958 2d Ex
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.