Missouri § 99.400 - Commissioner not to acquire interest voluntarily in clearance project — penalty.
Full text of Missouri Revised Statutes of Missouri § 99.400 — Commissioner not to acquire interest voluntarily in clearance project — penalty., with citation guidance and answers to common questions.
§ 99.400. Commissioner not to acquire interest voluntarily in clearance project — penalty.
1. No commissioner or employee of an authority shall voluntarily acquire any interest, direct or indirect, in any land clearance project or in any property included or planned by the authority to be included in any such project, or in any contract or proposed contract in connection with any such project.
2. Where the acquisition is not voluntary such commissioner or employee shall immediately disclose such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority.
3. A commissioner or employee who owns or controls any interest, direct or indirect, in such property shall not participate in any action by the authority affecting the property. If any commissioner or employee of an authority owned or controlled within the preceding two years an interest, direct or indirect, in any property included or planned by the authority to be included in any land clearance project, he immediately shall disclose such interest in writing to the authority and such disclosure shall be entered upon the minutes of the authority. Upon such disclosure such commissioner or employee shall not participate in any action by the authority affecting such property.
4. Any violation of the provisions of sections 99.330 to 99.410 shall constitute misconduct in office.
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(L. 1951 p. 300 § 4)
---- end of effective 28 Aug 1951 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 99.400
What does Revised Statutes of Missouri § 99.400 cover?
Section 99.400 ("Commissioner not to acquire interest voluntarily in clearance project — penalty.") 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 § 99.400?
A common citation format is "Revised Statutes of Missouri § 99.400" (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 § 99.400 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.