reglab/housing_qa huggingface dataset:
MO Rev Stat § 140.981 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.981 - Land bank agency authorized, purpose — beneficiaries — public body corporate and politic.

Effective - 28 Aug 2019   140.981. Land bank agency authorized, purpose — beneficiaries — public body corporate and politic. — 1. Any home rule city with more than seventy-one thousand but fewer than seventy-nine thousand inhabitants may establish a land bank agency for the management, sale, transfer, and other disposition of interests in real estate owned by such land bank agency. Any such land bank agency shall be established to foster the public purpose of returning land, including land that is in a nonrevenue-generating, nontax-producing status, to use in private ownership. A city may establish a land bank agency by ordinance, resolution, or rule, as applicable.  2. A land bank agency shall not own any interest in real estate located wholly or partially outside the city that established the land bank.  3. The beneficiaries of the land bank agency shall be the taxing authorities that held or owned tax bills against the respective parcels of real estate acquired by such land bank agency pursuant to a sale conducted under section 140.190, 140.240, or 140.250, and their respective interests in each parcel of real estate shall be to the extent and in proportion to the priorities determined by the court on the basis that the principal amount of their respective tax bills bore to the total principal amount of all of the tax bills described in the judgment.  4. A land bank agency created under the land bank act shall be a public body corporate and politic and shall have permanent and perpetual duration until terminated and dissolved in accordance with the provisions of section 140.1012. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.982 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.982 - Organization, duties, and powers.

Effective - 28 Aug 2019   140.982. Organization, duties, and powers. — The governing body of the city establishing a land bank agency, or the chief administrative officer of the city establishing a land bank agency, shall have the power to organize and reorganize the executive, administrative, clerical, and other departments of the land bank agency and to fix the duties, powers, and compensation of all employees, agents, and consultants of the land bank agency. A land bank agency may employ a secretary, an executive director, its own counsel and legal staff, technical experts, and other agents and employees, permanent or temporary, as it may require and may determine the qualifications and fix the compensation and benefits of such persons. A land bank agency may also enter into contracts and agreements with political subdivisions for staffing services to be provided to the land bank agency by political subdivisions or agencies or departments thereof, or for a land bank agency to provide such staffing services to political subdivisions or agencies or departments thereof. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.986 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.986 - Productive use of property, time period to show — extension, when — public sale, when.

Effective - 28 Aug 2019   140.986. Productive use of property, time period to show — extension, when — public sale, when. — 1. No later than two years from the date it acquired the property, a land bank agency shall either sell, put to a productive use, or show significant progress towards selling or putting to a productive use a parcel of real property. A productive use may be renting the property; demolishing all structures of the property; restoring property of historic value; or using the property for a community garden, park, or other open public space.  2. The governing body of the city may grant the land bank agency a one-year extension if the body determines by a majority vote that unforeseen circumstances have delayed the sale or productive use of a parcel of property.  3. If a land bank agency owns a parcel of real property that does not have a productive use after two years, or does not receive an extension under subsection 2 of this section, the property shall be offered for public sale using the procedures under sections 140.170 to 140.190. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.987 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.987 - Sale of property, buyer must own for three years — violation, civil liability.

Effective - 28 Aug 2019   140.987. Sale of property, buyer must own for three years — violation, civil liability. — A land bank agency shall ensure that any contract for the sale of residential property owned by the land bank agency shall have a clause that the buyer shall own the property for three years following the buyer's purchase of the property from the land bank. The clause shall state that a violation of those terms makes the buyer civilly liable to the land bank agency for an amount equal to twice the sale price of the property. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.988 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.988 - Funding sources for agency — property taxes, distribution by county collector to agency after sale of property.

Effective - 28 Aug 2019   140.988. Funding sources for agency — property taxes, distribution by county collector to agency after sale of property. — 1. A land bank agency may receive funding through grants, gifts, and loans from political subdivisions, the state, the federal government, and other public and private sources.  2. Except as otherwise provided in subsections 8 and 9 of section 140.985, a land bank agency may receive and retain payments for services rendered, for rents and leasehold payments received, for consideration for disposition of real and personal property, for proceeds of insurance coverage for losses incurred, for income from investments, and for any other asset and activity lawfully permitted to a land bank agency under the land bank act.  3. If a land bank agency sells or otherwise disposes of a parcel of real estate held by it, any land taxes assessed against such parcel for the three tax years following such sale or disposition by such land bank agency that are collected by the county collector in a calendar year and not refunded, less the fees provided under section 52.260 and subsection 4 of this section and less the amounts to be deducted under section 137.720, shall be distributed by the county collector to such land bank agency no later than March first of the following calendar year, provided that land taxes impounded under section 139.031 or otherwise paid under protest shall not be subject to distribution under this subsection. Any amount required to be distributed to a land bank agency under this subsection shall be subject to offset for amounts previously distributed to such land bank agency that were assessed, collected, or distributed in error.  4. In addition to any other provisions of law related to collection fees, the county collector shall collect on behalf of the county a fee of four percent of reserve period taxes collected and such fees collected shall be deposited in the county general fund. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.991 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.991 - Annual audit, when — performance audit, when.

Effective - 28 Aug 2019   140.991. Annual audit, when — performance audit, when. — 1. There shall be an annual audit of the affairs, accounts, expenses, and financial transactions of a land bank agency by a certified public accountant before April thirtieth of each year, which accountant shall be employed by the land bank agency on or before March first of each year. Certified copies of the audit shall be furnished to the city that established the land bank agency, and the city shall post the audit on its public website. Copies of the audit shall also be available for public inspection at the office of the land bank agency.  2. The land bank agency may be performance audited at any time by the state auditor or by the auditor of the city that established the land bank agency. The cost of such audit shall be paid by the land bank agency, and copies shall be made available to the public and posted on the land bank agency's website within thirty days of the completion of the audit. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.997 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.997 - Meeting requirements.

Effective - 28 Aug 2019   140.997. Meeting requirements. — Except as otherwise provided under state law, the land bank agency meetings shall cause minutes and a record to be kept of all its proceedings. The land bank agency shall be subject to the provisions of chapter 109, chapter 610, and any other applicable provisions of law governing public records and public meetings. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1000 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1000 - Limitation on agency employees — violation, penalty — conflicts of interest rules.

Effective - 28 Aug 2019   140.1000. Limitation on agency employees — violation, penalty — conflicts of interest rules. — 1. No employee of a land bank agency shall receive any compensation, emolument, or other profit directly or indirectly from the rental, management, acquisition, sale, demolition, repair, rehabilitation, use, operation, ownership, or disposition of any lands held by such land bank agency other than the salaries, expenses, and emoluments provided for in the land bank act.  2. No employee of a land bank agency shall own, directly or indirectly, any legal or equitable interest in or to any lands held by such land bank agency other than the salaries, expenses, and emoluments provided for in sections 140.980 to 140.1015.  3. A violation of this section is a class D felony.  4. The land bank agency may adopt supplemental rules and regulations addressing potential conflicts of interest and ethical guidelines for land bank agency employees, provided that such rules and regulations are not inconsistent with this chapter or any other applicable law. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1003 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1003 - Agency to have complete control of property.

Effective - 28 Aug 2019   140.1003. Agency to have complete control of property. — Except as otherwise expressly set forth in sections 140.980 to 140.1015, in the exercise of its powers and duties under the land bank act and its powers relating to property held by the land bank agency, the land bank agency shall have complete control of the property as fully and completely as if it were a private property owner. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1006 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1006 - Tax lien on agency property, taxing authority contribution authorized.

Effective - 28 Aug 2019   140.1006. Tax lien on agency property, taxing authority contribution authorized. — 1. If any ancillary parcel is acquired by a land bank agency and is encumbered by a lien or claim for real property taxes owed to a taxing authority, such taxing authority may elect to contribute to the land bank agency all or any portion of such taxes that are distributed to and received by such taxing authority.  2. To the extent that a land bank agency receives payments or credits of any kind attributable to liens or claims for real property taxes owed to a taxing authority, the land bank agency shall remit the full amount of the payments to the county collector for distribution to the appropriate taxing authority. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1009 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1009 - Quiet title action permitted, procedure.

Effective - 28 Aug 2019   140.1009. Quiet title action permitted, procedure. — 1. A land bank agency shall be authorized to file an action to quiet title under section 527.150 as to any real property in which the land bank agency has an interest. For purposes of any and all such actions, the land bank agency shall be deemed to be the holder of sufficient legal and equitable interests, and possessory rights, so as to qualify the land bank agency as an adequate petitioner in such action.  2. Prior to the filing of an action to quiet title, the land bank agency shall conduct an examination of title to determine the identity of any and all persons and entities possessing a claim or interest in or to the real property. Service of the petition to quiet title shall be provided to all such interested parties by the following methods:  (1) Registered or certified mail to such identity and address as reasonably ascertainable by an inspection of public records;  (2) In the case of occupied real property, by first class mail addressed to "Occupant";  (3) By posting a copy of the notice on the real property;  (4) By publication in a newspaper of general circulation in the city in which the property is located; and  (5) Such other methods as the court may order.  3. As part of the petition to quiet title, the land bank agency shall file an affidavit identifying all parties potentially having an interest in the real property and the form of notice provided.  4. The court shall schedule a hearing on the petition within ninety days following filing of the petition and, as to all matters upon which an answer was not filed by an interested party, the court shall issue its final judgment within one hundred twenty days of the filing of the petition.  5. A land bank agency shall be authorized to join in a single petition to quiet title one or more parcels of real property. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1012 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1012 - Dissolution of agency, procedure.

Effective - 28 Aug 2019   140.1012. Dissolution of agency, procedure. — 1. A land bank agency may be dissolved as a public body corporate and politic no sooner than sixty calendar days after an ordinance or resolution for such dissolution is passed by the city that established the land bank agency.  2. No less than sixty calendar days' advance written notice of consideration of such an ordinance or resolution of dissolution shall be given to the land bank agency, shall be published in a local newspaper of general circulation within such city, and shall be sent certified mail to each trustee of any outstanding bonds of the land bank agency.  3. No land bank agency shall be dissolved while there remains any outstanding bonds, notes, or other obligations of the land bank agency unless such bonds, notes, or other obligations are paid or defeased pursuant to the resolution, indenture, or other financing document under which such bonds, notes, or other obligations were issued prior to or simultaneously with such dissolution.  4. Upon dissolution of a land bank agency pursuant to this section, all real property, personal property, and other assets of the land bank agency shall be transferred by appropriate written instrument to and shall become the assets of the city that established the land bank agency. Such city shall act expeditiously to return such real property to the tax rolls and shall market and sell such real property using an open, public method that ensures the best possible prices are realized while ensuring such real property is returned to a suitable, productive use for the betterment of the neighborhood in which such real property is located. Any such real property that was acquired by the dissolved land bank agency pursuant to a sale conducted under section 140.190, 140.240, or 140.250 shall be held by the city in trust for the tax bill owners and taxing authorities having an interest in any tax liens which were foreclosed, as their interests may appear in the judgment of foreclosure and, upon the sale or other disposition of any such property by such city, the proceeds therefrom shall be applied and distributed in the following order:  (1) To the payment of the expenses of sale;  (2) To the reasonable costs incurred by such city in maintaining and marketing such property; and  (3) The balance shall be paid to the respective taxing authorities that, at the time of the distribution, are taxing the real property from which the proceeds are being distributed. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 140.1015 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 140 - Collection of Delinquent Taxes Generally|Section 140.1015 - Eminent domain, agency not authorized to exercise — no power to tax.

Effective - 28 Aug 2019   140.1015. Eminent domain, agency not authorized to exercise — no power to tax. — A land bank agency shall neither possess nor exercise the power of eminent domain. A land bank agency shall not have the power to tax. ­­-------- (L. 2019 H.B. 821)
MO Rev Stat § 141.010 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 141 - Delinquent Taxes — Certain Subdivisions|Section 141.010 - Collection of back taxes — redemption.

Effective - 28 Aug 1982   141.010. Collection of back taxes — redemption. — The collectors of counties of the first class, except counties of the first class not having a charter form of government, shall proceed to collect the taxes contained in the back tax book or recorded list of the delinquent land and lots in the collector's office as herein required, and any person interested in or the owner of any tract of land or lot contained in the back tax book or in the recorded list of delinquent lands and lots in the collector's office may redeem such tract of land or town lot, or any part thereof, from the state's or county's lien thereon, by paying to the proper collector the amount of the original taxes, as charged against such tract of land or town lot described in the back tax book or recorded* list of delinquent lands and lots in the collector's office, together with interest on the same from the day upon which such tax first became delinquent at the rate of ten percent per annum and the costs until January 1, 1983, and beginning on January 1, 1983, at the rate of eighteen percent per annum and the costs; except that, if the suit has been commenced against any person owing taxes on any tract of land or town lot contained in such back tax book or recorded list of delinquent land and lots in the collector's office, for the collection of taxes due on the same, the person desiring to redeem any such tract of land or town lot before judgment shall, in addition to the original tax, the interest and costs, including attorney's fee accruing under sections 141.010 to 141.160, pay the county collector all necessary costs incurred in the court where the suit is pending, and the county collector shall account to the clerk of the court in which such suit is filed for the court costs so collected. ­­-------- (RSMo 1939 § 11386, A.L. 1945 p. 1946 § 11378, A.L. 1973 H.B. 654, A.L. 1982 H.B. 1351, et al.)  *Word "record" appears in original rolls.
MO Rev Stat § 141.020 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 141 - Delinquent Taxes — Certain Subdivisions|Section 141.020 - Compromise of taxes permissible.

Effective - 28 Aug 1945   141.020. Compromise of taxes permissible. — The provisions of the law with reference to the compromise of taxes shown on the back tax book or recorded list of delinquent lands and lots in the collector's office shall apply to and shall also authorize the compromise of any judgment for taxes after the same had been rendered therefor and up to that time when the property shall be sold under execution issued on said judgment; such compromise to be authorized by the same officials and under the same conditions as set forth under existing law for the compromise of taxes. ­­-------- (RSMo 1939 § 11197, A.L. 1945 p. 1946 § 11391)
MO Rev Stat § 141.030 (2021)
2021 Missouri Revised Statutes|Title X - Taxation and Revenue|Chapter 141 - Delinquent Taxes — Certain Subdivisions|Section 141.030 - Deposits by county collector to be made on certain dates — final accounting.

Effective - 28 Aug 1945   141.030. Deposits by county collector to be made on certain dates — final accounting. — The collector shall on the seventeenth day of November of each year deposit with the county treasurer all county general revenue taxes collected, as best estimated by him, from November first to November fifteenth and on the second day of December all of such taxes collected from November fifteenth to November thirtieth and on the seventeenth day of December all of such taxes collected from November thirtieth to December fifteenth and on the fourth day of January all of such taxes collected from December fifteenth to December thirty-first and on or before the fifteenth day of March, shall make his final accounting and deposit and pay over the balance of all funds remaining in his hands and collected during the preceding year. ­­-------- (L. 1945 p. 1039 § 16)