260.080. Funds of authority not to be distributed to members or private persons, except for compensation for services.
Funds of authority not to be distributed to members or privatepersons, except for compensation for services.
260.080. No part of the funds of the authority shall inureto the benefit of or be distributable to its members or otherprivate persons except that the authority is authorized andempowered to pay reasonable compensation for services rendered asherein provided for.
(L. 1972 H.B. 1041 § 16)Effective 1-22-73