Missouri § 227.666 Notice of material default and opportunity to cure — remedies.

Missouri Statutes

§ 227.666 — Notice of material default and opportunity to cure — remedies.

Missouri § 227.666

Title XIVROADS AND WATERWAYS

Ch. 227State Highway System

This text of Missouri § 227.666 (Notice of material default and opportunity to cure — remedies.) 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. § 227.666 (2026).

Text

1. Prior to exercising any of the remedies under this section, the commission shall provide notice of a material default and the opportunity to cure the default for the benefit of the private partner and any persons specified under the comprehensive agreement as providing financing for the project. 2. Upon the occurrence of and during the continuation of any material default, the commission may exercise any or all of the following remedies:

(1)Make or cause to be made any appropriate claims under the bonds required in section 227.633 ;

(2)By notice to the private partner by certified mail, terminate the comprehensive agreement and exercise any other rights and remedies which may be available to the commission at law or in equity;

(3)Condemn under chapter 523 any real property i

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1. Prior to exercising any of the remedies under this section, the commission shall provide notice of a material default and the opportunity to cure the default for the benefit of the private partner and any persons specified under the comprehensive agreement as providing financing for the project.

2. Upon the occurrence of and during the continuation of any material default, the commission may exercise any or all of the following remedies:

(1) Make or cause to be made any appropriate claims under the bonds required in section 227.633 ;

(2) By notice to the private partner by certified mail, terminate the comprehensive agreement and exercise any other rights and remedies which may be available to the commission at law or in equity;

(3) Condemn under chapter 523 any real property interest of the private partner in the project. Any person who provides financing for the project, to the extent of such person's capital investment, may participate in the condemnation proceedings with standing of a property owner;

(4) Collect and enforce user fees for the use of the project under section 227.660 .