RSMo 407.1040effective 28 Aug 1998

License approval in metropolitan areas, minorities

In plain English

When the state approves licenses for car dealerships in very large cities in Missouri (cities with more than one million people), it has to make sure that enough of those dealerships are owned by minority business owners.

Word-for-word law

407.1040. approval in metropolitan areas, minorities. — The Missouri , in approving licenses for franchises in any with a population of more than one million inhabitants as defined by the or its agency shall ensure that the community of dealer franchises shall reflect an adequate percentage of minority-owned businesses.

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Source & history notes

(L. 1998 H.B. 1055 § 6)

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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.