reglab/housing_qa huggingface dataset:
MO Rev Stat § 67.1612 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1612 - Powers and duties.

Effective - 28 Aug 1999   67.1612. Powers and duties. — The duties and functions of the governing commission of a home equity program shall include the following:  (1) To select an administrator to conduct or supervise the day-to-day operation of the program, including but not limited to the administration of homeowner applications for participation in the program and homeowner claims against the guarantee fund;  (2) To establish policies, rules, regulations, bylaws, and procedures for both the governing commission and the program. No policies, rules, regulations, or bylaws shall be adopted by the governing commission without prior notice to the residents of the area of a program and an opportunity for such residents to be heard;  (3) To provide annual status reports on the program to the governing body of the municipality or county;  (4) To establish guaranteed value standards which are directly linked to the program appraisal, to approve guaranteed* values, and to establish requirements for program appraisers consistent with subdivision (16) of section 67.1600. In no event shall the program guidelines adopted by the governing commission provide for selecting appraisers based on criteria other than the quality and timeliness of the appraisals provided to the governing commission;  (5) To manage, administer, and invest the guarantee fund under the supervision of the local governing body;  (6) To liquidate acquired assets to maintain the guarantee fund;  (7) To participate in arbitration required pursuant to the program, including gathering information from all necessary persons, parties, or documents required to proceed with such arbitration;  (8) To employ necessary personnel, acquire necessary office space, enter into contractual relationships and disburse funds pursuant to sections 67.1600 to 67.1663; and  (9) To perform such other functions in connection with the program and the guarantee fund as required pursuant to sections 67.1600 to 67.1663. ­­-------- (L. 1999 S.B. 20)  *Word "guarantee" appears in original rolls.
MO Rev Stat § 67.1615 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1615 - Application for participation in program — eligibility, how determined — certificate of participation issued if eligible.

Effective - 28 Aug 1999   67.1615. Application for participation in program — eligibility, how determined — certificate of participation issued if eligible. — 1. Eligibility for membership in the program shall be limited to the owner of a qualified residential property within the area of a home equity program.  2. An eligible applicant shall apply to the program by submitting an application and a registration fee as determined by the governing commission. Prior to accepting a registration fee, the governing commission shall inform the applicant of the rights, duties, and obligations of both the member and the governing commission pursuant to the program. Upon receipt of the registration fee, the governing commission shall have the residence of the applicant appraised by a program appraiser at the expense of the program to determine the guaranteed value of the residence. If the appraisal, at the time completed by a program appraiser, differs by more than fifteen percent from the market value as determined in the most recent assessment performed by the county assessor, the program administrator shall notify the governing commission and provide a written justification for the difference between the guaranteed value of the residence and the market value as determined in the most recent assessment before the commission accepts the guaranteed residence into the program.  3. At its option, the governing commission may require a second program appraisal of the qualified residence, also at the expense of the program, if it determines that the first program appraisal is incomplete, inadequate, or inaccurate.  4. A certificate of participation shall then be issued to the eligible applicant certifying membership in the program and stating the guaranteed value, the registration date, the address of the guaranteed residence and description of the conditions and exclusions of the program. An authorized program appraisal shall be attached to the certificate of participation. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1618 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1618 - Member's home value guaranteed, when, procedure.

Effective - 28 Aug 1999   67.1618. Member's home value guaranteed, when, procedure. — A member or the estate of a member participating in a program created pursuant to sections 67.1600 to 67.1663 shall be paid one hundred percent of the difference between the guaranteed value as determined by the program and the gross selling value as determined in section 67.1621 if the guaranteed value is greater than the gross selling value. The guarantee provided by the program shall only apply to sales made three years or more after the date of issuance of the certificate of participation and shall be provided subject to all of the terms, conditions, and stipulations of the program. The guarantee provided by the program shall extend only to those who qualified as members at the time of their application, or to the estates of members; provided that the estate applies within two years of the member's death or within five years after the date of issuance of the certificate of participation, whichever is later. A member of a program agrees to abide by all conditions, stipulations, and provisions of a program and shall not be eligible for protection and shall not receive the guarantee unless all such conditions, stipulations and provisions have been met. Any member failing to abide by the conditions, stipulations and provisions of a program or who engages in fraud, misrepresentation, or concealment in any process involving a program forfeits both the registration fee and any claim to the guarantee. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1624 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1624 - Payment by program required, when.

Effective - 28 Aug 1999   67.1624. Payment by program required, when. — No guarantee is afforded by the program until sixty days after a member files a notice of intent to claim. Furthermore, the governing commission shall be required to make payments to a member only upon receipt of verifiable evidence of the actual sale of the guaranteed residence in accordance with the terms agreed upon between the member and the governing commission at the time the governing commission authorized payment. If a member rejects an offer for purchase which has been submitted to and approved by the governing commission, the governing commission or program shall not be liable for any future guarantee payment larger than that authorized for this proposed sale. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1627 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1627 - Payment program not made until sale closed and title or proprietary interest passed.

Effective - 28 Aug 1999   67.1627. Payment program not made until sale closed and title or proprietary interest passed. — Except as otherwise provided in sections 67.1600 to 67.1663, payments under the program pursuant to section 67.1618 shall not be made until the sale of the guaranteed residence has closed and title has passed or the beneficial interest has been transferred. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1630 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1630 - Member property acquired by eminent domain, program benefits may be claimed, when.

Effective - 28 Aug 1999   67.1630. Member property acquired by eminent domain, program benefits may be claimed, when. — When a guaranteed residence is to be acquired through the use of eminent domain by a condemning body, the following procedures shall apply:  (1) If the member rejects an offer from the condemning body equal to or greater than the guaranteed value, then no benefits may be claimed pursuant to the program;  (2) If the condemning body offers less than the guaranteed value, the governing commission may either:  (a) Pay one hundred percent of the difference between the guaranteed value and the offered price if the member agrees to sell at the offered price; or  (b) Advise the member that the offer is inadequate and should be refused. If the member refuses the offer and the final court determination of the value of the property is less than the guaranteed value, then the program shall pay one hundred percent of the difference between the judgment and the guaranteed value. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1633 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1633 - Member may apply for new appraisal, new guaranteed value and new certificate, when.

Effective - 28 Aug 1999   67.1633. Member may apply for new appraisal, new guaranteed value and new certificate, when. — 1. A member has the option of applying for a new program appraisal by a program appraiser in order to establish a new certificate of participation with a new registration date. The governing commission may exercise the right to require a second program appraisal in accordance with the procedures described in section 67.1615. This new guaranteed value shall be subject to the following conditions:  (1) A new guaranteed value established solely for the purpose of determining a property's increased value due to inflation may not be requested by the member until at least three years have elapsed from the most recent registration date;  (2) A new guaranteed value established due to home improvements shall be granted only when the value of the home improvements exceeds five thousand dollars;  (3) A member may not initiate a claim against the program based upon the new guaranteed value until at least three years after the new registration date. Until that time, coverage shall be based on the most recent certificate of participation which is at least three years old and the guaranteed value set forth in that certificate of participation;  (4) If the governing commission, by majority vote, determines that the application for a new appraisal is due to substantial property improvements on the guaranteed residence, then the application fee for the appraisal shall be one-half of the registration fee then being charged by the program;  (5) If the governing commission, by a majority vote, concludes that the application for a new appraisal is not due to substantial property improvements, the application fee for the new appraisal shall be the amount of the registration fee then being charged by the program;  (6) A new guaranteed value shall be subject to all of the conditions, stipulations, and provisions of sections 67.1600 to 67.1663.  2. After following the above procedures, the member shall be issued a new certificate of participation which shall state the new guaranteed value and registration date.  3. A member may request a new guaranteed value and registration date only once per year. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1636 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1636 - Member may appeal guaranteed values or dollar depreciations, how.

Effective - 28 Aug 1999   67.1636. Member may appeal guaranteed values or dollar depreciations, how. — 1. If a member or applicant disagrees with the guaranteed value, the dollar depreciation due to failure to maintain the premises, or the dollar depreciation due to physical perils as determined by the program appraiser and approved by the governing commission, the member may appeal in writing to the governing commission within thirty days of the approval of the guaranteed value or the dollar depreciation by the governing commission. The governing commission shall respond in writing to this appeal within thirty days of its receipt.  2. If the member still disagrees with the governing commission, the member may submit a written request for arbitration to the governing commission within thirty days after the date of receiving the written response to the appeal.  3. All such requests for arbitration shall be settled pursuant to the real estate valuation arbitration rules of the American Arbitration Association. Judgment upon the award rendered by the arbitrator may be entered in any court having appropriate jurisdiction.  4. The determination made pursuant to such arbitration procedure shall be final and binding on the member, the governing commission and all other parties. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1642 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1642 - Termination of existing program, how.

Effective - 28 Aug 1999   67.1642. Termination of existing program, how. — A home equity program may be terminated only by approval of the local governing bodies of the municipality or county. In terminating the program, the governing commission shall refund the remaining balance of the guarantee fund, if any, after all potential liabilities have been satisfied, to the then current property taxpayers of all real property within the area of the commission in an equitable manner proportionate to the manner in which the guarantee fund was raised. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1645 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1645 - Program to protect against local adverse conditions only, how determined — suspension of program, when.

Effective - 28 Aug 1999   67.1645. Program to protect against local adverse conditions only, how determined — suspension of program, when. — A program created pursuant to sections 67.1600 to 67.1663 provides a guarantee only against specifically local adverse housing market conditions within the area of the program as they may differ from regional or national housing conditions. A program shall not provide relief from adverse regional or national housing market conditions as they may affect local housing conditions. A program shall not guarantee against a decline in the value of housing due to economic forces such as a national or regional recession or depression. In the event of a regional decline in the value of housing in the regional or national housing markets, the governing commission may temporarily suspend coverage pursuant to the program in order to protect the fiscal integrity of the guarantee fund. For the purposes of this section, a regional decline in the value of housing is defined as a five percent annual decline in the median value of existing houses in any twelve-month period for the nation, Midwest region, or state of Missouri, according to statistics published by the National Association of Realtors. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1648 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1648 - Commission may suspend new registration if fund depleted — program debts not to be debts of other political subdivisions or the state.

Effective - 28 Aug 1999   67.1648. Commission may suspend new registration if fund depleted — program debts not to be debts of other political subdivisions or the state. — If the guarantee fund becomes depleted and payments of guarantees pursuant to the program cannot be made in a timely fashion as required by the program guidelines, the governing commission may temporarily suspend the registration of new members and borrow funds against future tax revenues until such time as the guarantee fund is sufficiently restored. Under no circumstances shall the indebtedness or obligations of a program or a governing commission become an indebtedness or obligation of either the municipality or county in which the program is located or the state of Missouri. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1651 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1651 - Indemnification of commissioners, officers or employees of a program, limitations.

Effective - 28 Aug 1999   67.1651. Indemnification of commissioners, officers or employees of a program, limitations. — 1. No commissioner, officer or employee, whether on salary, wages or voluntary basis shall be personally liable and no cause of action may be brought for damages resulting from the exercise of judgment or discretion in connection with the performance of program duties or responsibilities unless the act or omission involved willful or wanton conduct.  2. A program shall indemnify each commissioner, officer and employee, whether on salary, wages or voluntary basis against any and all losses, damages, judgments, interest, settlements, fines, court costs and other reasonable costs and expenses of legal proceedings including attorney fees, and any other liabilities incurred by, imposed upon, or suffered by such individual in connection with or resulting from any claim, action, suit or proceeding, actual or threatened, arising out of or in connection with the performance of program duties. Any settlement of any claim shall be made with prior approval of the governing commission in order for indemnification pursuant to this section to be available.  3. The immunity and indemnification provided by a program pursuant to this section shall not cover any acts or omissions which involve willful or wanton conduct, breach of good faith, intentional misconduct, knowing violation of the law, or for any transaction from which such individual derives an improper personal benefit. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1654 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1654 - Suit may be brought, when, limitations.

Effective - 28 Aug 1999   67.1654. Suit may be brought, when, limitations. — No lawsuit or any other type of legal action brought pursuant to the terms of sections 67.1600 to 67.1663 shall be sustainable in a court of law or equity unless all conditions, stipulations, and provisions of the program have been complied with, and unless the suit is brought within twelve months after the event which is the subject of the legal action. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1657 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1657 - Program only proportionally liable when member has separate home equity insurance.

Effective - 28 Aug 1999   67.1657. Program only proportionally liable when member has separate home equity insurance. — If insurance or other form of payment is available to and carried by a member to provide protection similar to that provided by a program, the governing commission shall not be liable for a greater proportion of the loss than the amount provided by the program bears to the total amount available from all sources. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1660 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1660 - Member may withdraw at any time, right to sell privately not abridged — antidiscrimination policy.

Effective - 28 Aug 1999   67.1660. Member may withdraw at any time, right to sell privately not abridged — antidiscrimination policy. — 1. No provision of sections 67.1600 to 67.1663 and no procedure, regulation, or bylaw of a governing commission and program created pursuant to the provisions of sections 67.1600 to 67.1663 shall abridge a member's right to forfeit the registration fee and guarantee and withdraw from the program at any time and sell the guaranteed residence in any legal manner he or she sees fit.  2. No provision of sections 67.1600 to 67.1663 or any procedure, regulation, or bylaw of a governing commission and program created pursuant to the provisions of sections 67.1600 to 67.1663 is intended as, and none shall be used as, a means of discriminating against any individual on the basis of ethnic background, gender, race or religion. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1663 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1663 - Penalty.

Effective - 28 Aug 1999   67.1663. Penalty. — Any person violating the provisions of sections 67.1600 to 67.1663 or any procedure, regulation, or bylaw of a governing commission and program created pursuant to the provisions of sections 67.1600 to 67.1663 shall be guilty of a class A misdemeanor and fined as provided by law. ­­-------- (L. 1999 S.B. 20)
MO Rev Stat § 67.1700 (2021)
2021 Missouri Revised Statutes|Title VI - County, Township and Political Subdivision Government|Chapter 67 - Political Subdivisions, Miscellaneous Powers|Section 67.1700 - Metropolitan park and recreation district may be created — existing recreation or public park systems already within district, effect, powers.

Effective - 28 Aug 1999   67.1700. Metropolitan park and recreation district may be created — existing recreation or public park systems already within district, effect, powers. — A metropolitan park and recreation district may be created, incorporated and managed pursuant to sections 67.1700 to 67.1769 and may exercise the powers given to such district pursuant to sections 67.1700 to 67.1769. Such a metropolitan district may include and is limited to any county of the first classification with a charter form of government and having a population of at least nine hundred thousand inhabitants according to the last decennial census, or any county within the standard metropolitan statistical area of any such county. Any county described in this section may be included in a metropolitan district if the voters in the county or counties to be included in the district vote, pursuant to sections 67.1715, 67.1718 and 67.1721, to be included in such district. Any recreation system or public parks system which exists within a metropolitan district created pursuant to sections 67.1700 to 67.1769 shall remain in existence with the same powers and responsibilities it had prior to the creation of the metropolitan district. Nothing in sections 67.1700 to 67.1769 shall be construed in any manner to limit or prohibit:  (1) Later establishment or cessation of any park or recreation system provided by law; or  (2) Any powers and responsibilities of any park or recreation system provided by state law. ­­-------- (L. 1999 S.B. 405 § 67.791 subsec. 1, subdiv. (1))