Mo. Rev. Stat. § 49.540
This is the official text of Mo. Rev. Stat. § 49.540, part of Missouri’s Rev. Stat — part of the compiled statutory law of Missouri, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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49.540 Obligation of county for rent or charges, limits — right to use building.
Official statutory text
49.540. Obligation of county for rent or charges, limits — right to use building. — No county by the issuance and sale of the bonds shall obligate itself to pay any rent or charges for the use and occupancy for a period in excess of one year. Nor shall it obligate itself to exercise its power to levy taxes to produce the required rents for the use of the buildings for a period in excess of one year nor shall the obligation to pay rent in any year when added to all other obligations for necessary governmental functions of the county, cause the county to exceed the anticipated income provided by the county for the year's operation. The sole and only obligation of the county shall be that so long as it elects to use and occupy the building it will make the payments provided for herein. The county shall, however, have an exclusive option to continue to use and occupy the building so long as it shall make the payments herein provided for.
(L. 1961 p. 278 § 5)
(L. 1961 p. 278 § 5)
Status: in_force · Read it on the official government site
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