Mo. Rev. Stat. § 88.500
Current with changes from the 2023 Legislative Session
The city may issue tax bills or certificates transferring to the holder benefits, or parts thereof, as may be provided by ordinance, and sell the same for not less than par, the proceeds being applied only to the use for which such benefits were levied, and in such case said city shall only be liable to the holder thereof for the proper application of funds collected by it.
§ 88.500, RSMo
RSMo 1939 § 7011