Missouri § 140.980 - Citation of law — definitions.
Full text of Missouri Revised Statutes of Missouri § 140.980 — Citation of law — definitions., with citation guidance and answers to common questions.
§ 140.980. Citation of law — definitions.
1. Sections 140.980 to 140.1015 shall be known as the "Chapter 140 Land Bank Act".
2. As used in sections 140.980 to 140.1015, the following terms mean:
(1) "Land bank agency", an agency established by a county or municipality under the authority of section 140.981;
(2) "Land taxes", taxes on real property or real estate, including the taxes both on the land and the improvements thereon;
(3) "Municipality", any incorporated city, town, or village in this state;
(4) "Political subdivision", any county, city, town, village, school district, library district, or any other public subdivision or public corporation that has the power to tax;
(5) "Reserve period taxes", land taxes assessed against any parcel of real estate sold or otherwise disposed of by a land bank agency for the first three tax years following such sale or disposition;
(6) "Tax bill", real estate taxes and the lien thereof, whether general or special, levied and assessed by any taxing authority;
(7) "Taxing authority", any governmental, managing, administering, or other lawful authority, now or hereafter empowered by law to issue tax bills.
--------
(L. 2019 H.B. 821, A.L. 2024 H.B. 2062, A.L. 2026 S.B. 973)
Severability clause, see § 1.1007
---- end of effective 28 Aug 2026 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 140.980
What does Revised Statutes of Missouri § 140.980 cover?
Section 140.980 ("Citation of law — definitions.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 140.980?
A common citation format is "Revised Statutes of Missouri § 140.980" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 140.980 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.