☰ Revisor of Missouri

Title XL ADDITIONAL EXECUTIVE DEPARTMENTS

Chapter 620

< > Effective - 28 Aug 2024    bottom

  620.3525.  Prohibited acts. — No eligible business that receives a qualified investment under the provisions of sections 620.3500 to 620.3530, or any affiliates of such eligible businesses, shall directly or indirectly:

  (1)  Own or have the right to acquire an ownership interest in a rural fund or member or affiliate of a rural fund, including, but not limited to, a holder of a capital investment issued by the rural fund; or

  (2)  Loan to or invest in a rural fund or member or affiliate of a rural fund, including, but not limited to, a holder of a capital investment issued by a rural fund, where the proceeds of such loan or investment are directly or indirectly used to fund or refinance the purchase of a capital investment under sections 620.3500 to 620.3530.

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(L. 2024 S.B. 802)

Sunset date 8-28-30, see § 620.3530

Termination date 9-01-31, see § 620.3530


---- end of effective  28 Aug 2024 ----

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