141.620. Imposition of suit penalty of five percent--disposition (first class charter counties). - Missouri Statutes

Imposition of suit penalty of five percent--disposition (first classcharter counties).

141.620. 1. In addition to all amounts due on any tax bill,including principal, interest, penalties, attorney's fees andcosts, as now fixed by law, there shall be imposed and charged asa part of the costs on each such tax bill a suit penalty of fivepercent of the principal amount of the tax bill to be due to thecollector upon the filing of the petition with the circuit clerk.

2. The collector shall set up a separate fund in hisaccounts to which he shall credit such five percent suitpenalties when paid, together with all other penalties and costsrecovered under this action, and shall retain such portionthereof as may be needed for the purpose of paying the expensesand costs required to be advanced under sections 141.210 to141.810, including compensation to the delinquent land taxattorney, his assistants, and stenographic and clerical help, andfunds for the costs of publication, notices, for court costs,sheriff's expenses and other costs hereunder, and shall transferthe remainder of such funds annually, on January first of eachyear, to the land trustees for the use and expenses of the landtrust.

(L. 1943 p. 1029 § 33)