350.040. Farming corporations or cooperatives not to receive economic assistance, exceptions.
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/mo/chapter-350/350-040A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
350.040. Farming corporations or cooperatives not to receive economic assistance, exceptions. — Notwithstanding any other provision of law to the contrary, any corporation or cooperative engaged in farming as defined in subdivision
(6)of section 350.010 shall not be eligible for any state tax credits, deductions, state grants, loans or other financial or economic assistance, unless a family farm or a family farm corporation as defined in subdivisions
(4)and
(5)of section 350.010 receives such credits, deductions, grants, loans, or other assistance. This section does not apply to agricultural processing or food processing facilities.
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(L. 1996 H.B. 1207 § 640.717)
Effective 6-25-96