Maintain reserves for specific purposes.

Mo. Rev. Stat. § 353.090
in effect
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353.090. Maintain reserves for specific purposes. — An urban redevelopment corporation shall establish and maintain depreciation, obsolescence, and other reserves, also surplus and other accounts, including, among others, a reserve for the payment of taxes according to recognized standard accounting practices. (L. 1945 p. 1242 § 8)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=353.090Fetched: 10/17/2026