Missouri § 135.408 - Qualified investment in a small business, requirements — to be eligible for tax credit — required purposes for investments.
Full text of Missouri Revised Statutes of Missouri § 135.408 — Qualified investment in a small business, requirements — to be eligible for tax credit — required purposes for investments., with citation guidance and answers to common questions.
§ 135.408. Qualified investment in a small business, requirements — to be eligible for tax credit — required purposes for investments.
A qualified investment in a Missouri small business may be made either through an unsecured loan or the purchase of equity or unsecured debt securities of such business. Investors in a small business qualifying for tax credits under the provisions of sections 135.400 to 135.430, however, must collectively own less than fifty percent of a business after their investments are made. Qualified investments in a Missouri small business must be expended for capital improvements, plant, equipment, research and development, or working capital for the business or such business activity as may be approved by the department.
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(L. 1992 S.B. 661 & 620 § 9 subsec. 4, A.L. 1994 H.B. 1547 & 961)
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 135.408
What does Revised Statutes of Missouri § 135.408 cover?
Section 135.408 ("Qualified investment in a small business, requirements — to be eligible for tax credit — required purposes for investments.") 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 § 135.408?
A common citation format is "Revised Statutes of Missouri § 135.408" (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 § 135.408 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.