Missouri Laws 37.1090 – Definitions
As used in sections 37.1090 to 37.1098, the following terms mean:
(1) “Expenditure”, any monetary payment from a municipality or county to any vendor including, but not limited to, a payment, distribution, loan, advance, reimbursement, deposit, or gift;
Terms Used In Missouri Laws 37.1090
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
(2) “Municipality”, a city, town, or village that is incorporated in accordance with the laws of this state;
(3) “State entity”, the general assembly; the supreme court of Missouri; the office of an elected state official; or an agency, board, commission, department, institution, instrumentality, office, or other governmental entity of this state, excluding municipalities, counties, institutions of higher education, and any public employee retirement system;
(4) “Vendor”, any person, partnership, corporation, association, organization, state entity, or other party that:
(a) Sells, leases, or otherwise provides equipment, materials, goods, supplies, or services to a municipality or county; or
(b) Receives reimbursement from a municipality or county for any expense.