350.040. Farming corporations or cooperatives not to receive economic assistance, exceptions. - Missouri Statutes

Farming corporations or cooperatives not to receive economicassistance, exceptions.

350.040. Notwithstanding any other provision of law to the contrary,any corporation or cooperative engaged in farming as defined in subdivision(6) of section 350.010 shall not be eligible for any state tax credits,deductions, state grants, loans or other financial or economic assistance,unless a family farm or a family farm corporation as defined insubdivisions (4) and (5) of section 350.010 receives such credits,deductions, grants, loans, or other assistance. This section does notapply to agricultural processing or food processing facilities.

(L. 1996 H.B. 1207 § 640.717)

Effective 6-25-96