Mo. Rev. Stat. § 71.980

Current with changes from the 2024 Legislative Session
Section 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.

§ 71.980, RSMo

Added by 2016 Mo. Laws, SB 572,s A, eff. 8/28/2016.