Missouri § 238.408 Property held by transit authority — status for purposes of taxation.

Missouri Statutes

§ 238.408 — Property held by transit authority — status for purposes of taxation.

Missouri § 238.408

Title XIVROADS AND WATERWAYS

Ch. 238Transportation Districts and Transportation Corporations, Special Projects

This text of Missouri § 238.408 (Property held by transit authority — status for purposes of taxation.) 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. § 238.408 (2026).

Text

All property, real and personal, owned or held by any transit authority established pursuant to section 238.400 , and all interest income derived from any notes, bonds or other instruments in writing issued by such transit authority, shall possess the same status, with respect to taxation in the state of Missouri, as is now or may hereafter be possessed by property, real and personal, owned or held by cities within the state of Missouri, and by the interest income derived from notes, bonds or other instruments in writing issued by such cities.

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All property, real and personal, owned or held by any transit authority established pursuant to section 238.400 , and all interest income derived from any notes, bonds or other instruments in writing issued by such transit authority, shall possess the same status, with respect to taxation in the state of Missouri, as is now or may hereafter be possessed by property, real and personal, owned or held by cities within the state of Missouri, and by the interest income derived from notes, bonds or other instruments in writing issued by such cities.