Missouri § 151.050 - State tax commission to determine value if company fails to report.
Full text of Missouri Revised Statutes of Missouri § 151.050 — State tax commission to determine value if company fails to report., with citation guidance and answers to common questions.
§ 151.050. State tax commission to determine value if company fails to report.
Should any railroad company fail to make and return to the state tax commission and county clerks, on the proper forms, any of the reports required by the foregoing provisions of this chapter, the state tax commission shall ascertain the property of such company, from the best information they can obtain, and shall fix the value thereof; which value shall serve as the base from which the four percent penalty provided in section 151.020 is calculated.
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(RSMo 1939 § 11246, A.L. 1945 p. 1825 § 6, A.L. 1986 H.B. 1022, et al.)
Prior revisions: 1929 § 10015; 1919 § 13005; 1909 § 11557
Effective 6-20-86
---- end of effective 20 Jun 1986 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 151.050
What does Revised Statutes of Missouri § 151.050 cover?
Section 151.050 ("State tax commission to determine value if company fails to report.") 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 § 151.050?
A common citation format is "Revised Statutes of Missouri § 151.050" (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 § 151.050 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.