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2017 Missouri Revised Statutes
Title VI COUNTY, TOWNSHIP AND POLITICAL SUBDIVISION GOVERNMENT
Chapter 49 County Commissions and County Buildings
Section 49.545 Application of proceeds of bonds.
Universal Citation: MO Rev Stat § 49.545 (2017)
Effective 28 Aug 1961
Title VI COUNTY, TOWNSHIP AND POLITICAL SUBDIVISION GOVERNMENT
Chapter 4949.545. Application of proceeds of bonds. — All moneys derived from any bonds issued pursuant to the provisions of sections 49.520 to 49.580 shall be applied solely to the purchase or erection of the land, buildings and necessary appurtenances thereto, provided that the moneys may be used to advance the payment of the interest on bonds during the first three years following date of issuance of the bonds.
(L. 1961 p. 278 § 6)
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