There is a newer version
of
this Section
2019 Missouri Revised Statutes
Title VII - Cities, Towns and Villages
Chapter 95 - Financial Administration and Indebtedness
Section 95.320 Bonds to issue, when — rate of interest.
Universal Citation: MO Rev Stat § 95.320 (2019)
Effective 28 Aug 1939
95.320. Bonds to issue, when — rate of interest. — The mayor and council of any city of the third class, for the purpose of paying any sum of money which it may now or hereafter be required to pay by the judgment or decree of any court of record, may issue coupon bonds of the city, payable in such lawful money of the United States as they may provide, which shall run for a period not exceeding twenty years, may carry interest payable annually or semiannually, at a rate not exceeding six percent per annum, shall be signed by the mayor, countersigned by the city treasurer, attested by the city clerk, and shall bear the seal of the city.
--------
(RSMo 1939 § 6981)
Prior revisions: 1929 § 6835; 1919 § 8317
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
