135.411. Investment to remain in business for five years--failure to comply, repayment of tax credit. - Missouri Statutes

Investment to remain in business for five years--failure tocomply, repayment of tax credit.

135.411. The amount of the qualified investment made in aMissouri small business must remain in that business for aminimum of five years. Withdrawal of the investment prior to theminimum five-year period shall result in revocation of the taxcredit, and repayment of any amounts of the tax credit alreadyapplied against the investor's state tax liability.

(L. 1992 S.B. 661 & 620 § 9 subsec. 5, A.L. 1994 H.B. 1248 & 1048)