Title VII CITIES, TOWNS AND VILLAGES Chapter 71 Effective - 28 Aug 2016 71.980. Financially insolvent municipalities, state not liable for debt. — Notwithstanding any provision to the contrary, the state shall not be held liable for the debts of a municipality that is financially insolvent. For purposes of this section, a municipality is financially insolvent if it is not paying its debts as they become due, unless such debts are the subject of a bona fide dispute, or is unable to pay its debts as they become due. -------- (L. 2016 S.B. 572)
Missouri Legal Code