Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 371 Effective - 28 Aug 1961 371.220. Corporate income exempt from income tax. — All income received by a development finance corporation is exempt from the taxes imposed on incomes by this state; but this exemption does not apply to income received by stockholders of the development finance corporation in the form of dividends or otherwise. -------- (L. 1961 p. 157 § 20)
Missouri Legal Code