Title XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS Chapter 353 Effective - 28 Aug 1945 353.090. Maintain reserves for specific purposes. — An urban redevelopment corporation shall establish and maintain depreciation, obsolescence, and other reserves, also surplus and other accounts, including, among others, a reserve for the payment of taxes according to recognized standard accounting practices. -------- (L. 1945 p. 1242 § 8)
Missouri Legal Code