Missouri § 141.1006 Encumbered ancillary property, taxes may be contributed to land bank agency by taxing authority.

Missouri Statutes

§ 141.1006 — Encumbered ancillary property, taxes may be contributed to land bank agency by taxing authority.

Missouri § 141.1006

Title XTAXATION AND REVENUE

Ch. 141Delinquent Taxes — Certain Subdivisions

This text of Missouri § 141.1006 (Encumbered ancillary property, taxes may be contributed to land bank agency by taxing authority.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 141.1006 (2026).

Text

1.Whenever any ancillary parcel is acquired by a land bank agency and is encumbered by a lien or claim for real property taxes owed to a taxing authority, such taxing authority may elect to contribute to the land bank agency all or any portion of such taxes that are distributed to and received by such taxing authority.

2.To the extent that a land bank agency receives payments or credits of any kind attributable to liens or claims for real property taxes owed to a taxing authority, the land bank agency shall remit the full amount of the payments to the collector for distribution to the appropriate taxing authority.

Free access — add to your briefcase to read the full text and ask questions with AI

1. Whenever any ancillary parcel is acquired by a land bank agency and is encumbered by a lien or claim for real property taxes owed to a taxing authority, such taxing authority may elect to contribute to the land bank agency all or any portion of such taxes that are distributed to and received by such taxing authority.

2. To the extent that a land bank agency receives payments or credits of any kind attributable to liens or claims for real property taxes owed to a taxing authority, the land bank agency shall remit the full amount of the payments to the collector for distribution to the appropriate taxing authority.