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2012 Missouri Revised Statutes
TITLE XV LANDS, LEVEES, DRAINAGE, SEWERS AND PUBLIC WATER SUPPLY
Chapter 249 Sewer Districts in Certain Counties
Section 249.793 Board may issue current revenue bonds.


MO Rev Stat § 249.793 (2012) What's This?

Board may issue current revenue bonds.

249.793. The board may issue and sell current revenue bonds to meet the current expenses of the district incurred in advance of the revenue to be derived from the property tax levy and to be paid out of the current revenue when accrued. The chairman of the board shall execute the bonds on behalf of the district and they shall be attested by the secretary.

(L. 1961 p. 451 14)

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