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Section 620.1025 Director, duties.

MO Rev Stat § 620.1025 (2019) (N/A)
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Effective 28 Aug 1994

620.1025. Director, duties. — The director of the department of economic development shall:

(1) Review requests for assistance submitted by Missouri companies, including those in financial difficulty and in danger of closing;

(2) Determine which companies that submit requests could be helped by a plan developed by a team;

(3) Select the members of a team. The members shall be composed of persons with knowledge and experience in a field which is, as nearly as possible, similar to the business. The members shall be:

(a) Experienced corporate managers on loan from successful businesses;

(b) Specialists, from businesses or institutions of higher education, in areas of finance, business modernization, manufacturing, engineering, law or marketing;

(c) Successful retired business executives; and

(d) Government officials;

(4) Supply to a team such professional, technical, legal, stenographic and clerical help as may be necessary for it to perform its duties.

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(L. 1993 H.B. 566 § 3, A.L. 1994 H.B. 1248 & 1048)

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Section 620.1027 Teams, duties.