There is a newer version of the Missouri Revised Statutes
2014 Missouri Revised Statutes
TITLE XV LANDS, LEVEES, DRAINAGE, SEWERS AND PUBLIC WATER SUPPLY (241-250)
Chapter 249 Sewer Districts in Certain Counties
Section 249.955 Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property.
MO Rev Stat § 249.955 (2014) What's This?
249.955. The total amount of city or county general obligation bond indebtedness incurred for improvements under sections 249.925 to 249.955, including temporary notes issued pursuant to sections 249.925 to 249.955, shall not exceed ten percent of the assessed valuation of all taxable tangible property, as shown by the last completed property assessment for state or local purposes, within the district.
(L. 1995 H.B. 88 § 19)
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