Missouri § 108.500 - Definitions.
Full text of Missouri Revised Statutes of Missouri § 108.500 — Definitions., with citation guidance and answers to common questions.
§ 108.500. Definitions.
As used in sections 108.500 to 108.532, the following terms mean:
(1) "Code", the Internal Revenue Code of 1986;
(2) "Director", director of the department of economic development or his designee;
(3) "Issuers", state agencies, cities, counties and other entities having authority to issue private activity bonds;
(4) "Private activity bonds", private activity bonds within the meaning of Sections 141, 146(g) and 146(i) of the Code;
(5) "State ceiling", the aggregate amount of private activity bonds, the interest on which is excludable from federal gross income pursuant to Section 103(a) of the Code, which may be issued within the state of Missouri during any calendar year commencing after 1987 in accordance with Section 146 of the Code.
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(L. 1985 S.B. 140 § 2, A.L. 1987 S.B. 351)
Effective 1-01-88
---- end of effective 01 Jan 1988 ----
Frequently Asked Questions About Missouri § 108.500
What does Revised Statutes of Missouri § 108.500 cover?
Section 108.500 ("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 § 108.500?
A common citation format is "Revised Statutes of Missouri § 108.500" (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 § 108.500 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.