The assets of the system are exempt from state, county, and municipal taxes.
Mo. Rev. Stat. § 70.755
Assets exempt from certain taxes
Effective: 28 Aug 1992; (L. 1967 p. 141 § 32, A.L. 1992 H.B. 1440)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.