Missouri § 140.1000 - Limitation on board members and agency employees — violation, penalty — conflicts of interest rules.
Full text of Missouri Revised Statutes of Missouri § 140.1000 — Limitation on board members and agency employees — violation, penalty — conflicts of interest rules., with citation guidance and answers to common questions.
§ 140.1000. Limitation on board members and agency employees — violation, penalty — conflicts of interest rules.
1. No board member or employee of a land bank agency shall receive any compensation, emolument, or other profit directly or indirectly from the rental, management, acquisition, sale, demolition, repair, rehabilitation, use, operation, ownership, or disposition of any property held by such land bank agency other than the salaries, expenses, and emoluments provided for in the chapter 140 land bank act.
2. No member of the board or employee of a land bank agency shall own, directly or indirectly, any legal or equitable interest in or to any lands held by such land bank agency other than the salaries, expenses, and emoluments provided for in sections 140.980 to 140.1015.
3. A violation of this section is a class D felony.
4. The land bank agency may adopt supplemental rules and regulations addressing potential conflicts of interest and ethical guidelines for board members and land bank agency employees, provided that such rules and regulations are not inconsistent with this chapter or any other applicable law.
5. Any person who is related to a board member or employee of a land bank agency within the second degree of consanguinity or affinity shall be considered a board member or employee of a land bank agency for purposes of this section and subject to its provisions.
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(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 § 140.1000
What does Revised Statutes of Missouri § 140.1000 cover?
Section 140.1000 ("Limitation on board members and agency employees — violation, penalty — conflicts of interest rules.") 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 § 140.1000?
A common citation format is "Revised Statutes of Missouri § 140.1000" (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 § 140.1000 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.