2011 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 348 Development--Small Businesses
Section 348.170. Bonds and notes of authority deemed negotiable instruments, subject to registration.
Bonds and notes of authority deemed negotiable instruments, subject to registration.
348.170. 1. Whether or not the notes and bonds are of such form and character as to be negotiable instruments under the terms of the Missouri uniform commercial code, the notes and bonds are hereby made negotiable instruments within the meaning of and for all the purposes of the Missouri uniform commercial code, subject only to the provisions contained in such notes and bonds for registration.
2. Bonds issued by the authority shall be deemed to be securities issued by a public instrumentality and body corporate.
(L. 1981 H.B. 681 36, 37)
Annotation Copyright Missouri Joint Committee on Legislative Research
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