GroundRules
Mo. Rev. Stat. § 71.980: Financially insolvent municipalities, state not liable for debt.
Where this section sits in the code
- Title VII - CITIES, TOWNS AND VILLAGES
- Chapter 71 - Provisions Relative to All Cities and Towns
Notwithstanding any provision to the contrary, the state shall not be held liable for the debts of a municipality that is financially insolvent. For purposes of this section, a municipality is financially insolvent if it is not paying its debts as they become due, unless such debts are the subject of a bona fide dispute, or is unable to pay its debts as they become due.
Collected 2026-09-03T22:23:24Z. Source file · JSON