Missouri § 138.120 - Merchants' and manufacturers' books submitted, when — notice, hearing (first class counties).
Full text of Missouri Revised Statutes of Missouri § 138.120 — Merchants' and manufacturers' books submitted, when — notice, hearing (first class counties)., with citation guidance and answers to common questions.
§ 138.120. Merchants' and manufacturers' books submitted, when — notice, hearing (first class counties).
1. The merchants' book and manufacturers' book prepared as prescribed by law shall be returned by the assessor to the county board of equalization on the first day of July of each year, which said board is hereby required to meet at the office of the clerk of the county commission on the first Monday in July of each year for the purpose of equalizing the valuation of merchants' and manufacturers' statements, and to that end shall have the same powers and shall proceed in the same manner as provided by law, for the equalization of real and other tangible personal property, so far as is consistent with the provisions of this chapter.
2. After the board shall have raised the valuation of any statement, it shall give notice of the fact to the person, corporation or firm whose statement shall have been raised in amount, by not less than five days' notice through the mail, prior to the day of hearing, specifying the amount of such raise and advising the taxpayer that he may offer objections to such increase as made.
3. The last meeting of said board shall be held not later than the thirty-first day of July of each year, except in any city not within a county or any county with a charter form of government, in which such last meeting shall be held not later than the fourth Saturday in August.
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(L. 1945 p. 1930 § 13, A.L. 2008 S.B. 711)
(1975) Held that date set for last meeting of board of equalization is directory, not mandatory, and that meeting held after that date was not without jurisdiction. St. Louis County v. State Tax Commission (Mo.), 529 S.W.2d 384.
---- end of effective 28 Aug 2008 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 138.120
What does Revised Statutes of Missouri § 138.120 cover?
Section 138.120 ("Merchants' and manufacturers' books submitted, when — notice, hearing (first class counties).") 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 § 138.120?
A common citation format is "Revised Statutes of Missouri § 138.120" (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 § 138.120 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.