Section 99.930 Contracts, authority may transact business, when — validity of authority not to be challenged, when.

MO Rev Stat § 99.930 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

Effective 07 Jul 2003, see footnote

99.930. Contracts, authority may transact business, when — validity of authority not to be challenged, when. — 1. In any suit, action, or proceeding involving the validity or enforcement of or relating to any contract of an authority entered into pursuant to sections 99.915 to 99.980, such authority shall be conclusively deemed to have become established and authorized to transact business and exercise its powers under sections 99.915 to 99.980 upon proof of the adoption of the appropriate ordinance prescribed in section 99.921. Each such ordinance shall be deemed sufficient if it authorizes the exercise of powers under sections 99.915 to 99.980 by the authority and sets forth the findings of the municipality as required in subdivision (2) of section 99.921.

2. A copy of such ordinance duly certified by the clerk of the municipality shall be admissible in evidence in any suit, action, or proceeding.

3. No lawsuit to set aside the creation of an authority, the approval of a development plan, development project, development area or development project area, or a tax levied pursuant to sections 99.915 to 99.980, or to otherwise question the validity of the proceedings related thereto, shall be brought after the expiration of ninety days from the effective date of the ordinance or resolution in question.

--------

(L. 2003 H.B. 289)

Effective 7-07-03

Previous Section

Section 99.927 Powers of authority exercised by board — quorum requirements, meetings, officers, expenses, removal.

Next Section

Section 99.933 Authority to be public body corporate and politic, powers — disclosure of conflicts of interest — disadvantaged business enterprise to be approved (Kansas City, St. Louis City, St. Louis County).