242.550. Collector--failure to pay tax, penalty. - Missouri Statutes

Collector--failure to pay tax, penalty.

242.550. If any county collector of the revenues refuses,fails or neglects to make prompt payment of the tax or any partthereof collected under sections 242.010 to 242.690 to thesecretary, then he shall pay a penalty of ten percent on theamount of his delinquency. The penalty shall at once become dueand payable and both he and his securities shall be liabletherefor on his bond.

(RSMo 1939 § 12344, A.L. 1955 p. 605, A.L. 1961 p. 444)

Prior revisions: 1929 § 10763; 1919 § 4398; 1909 § 5521