353.090. Maintain reserves for specific purposes.
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/mo/chapter-353/353-090A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
353.090. Maintain reserves for specific purposes. — An urban redevelopment corporation shall establish and maintain depreciation, obsolescence, and other reserves, also surplus and other accounts, including, among others, a reserve for the payment of taxes according to recognized standard accounting practices.
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(L. 1945 p. 1242 § 8)