Mo. Rev. Stat. § 72.195
This is the official text of Mo. Rev. Stat. § 72.195, 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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72.195 Bonded indebtedness of municipalities to become debt of consolidated ...
Official statutory text
72.195. Bonded indebtedness of municipalities to become debt of consolidated municipality — when. — Unless otherwise provided in the proposition as voted upon, the bonded indebtedness of each municipality at the time of the consolidation which was incurred for the purpose of purchasing, constructing or repairing local improvements or facilities for the residents of the municipality shall continue to be the debt of the taxpayers in the area of the former municipality and a special tax sufficient to retire the indebtedness shall be levied against the property within the area of the former municipality, but the bonded indebtedness of any municipality which was incurred for the purpose of purchasing, constructing or repairing improvements or facilities which are to be used generally by the consolidated municipality shall become the indebtedness of the consolidated municipality. The question as originally submitted shall list each separate bonded indebtedness of the municipalities and shall clearly indicate whether the tax necessary to retire it is to be levied generally or locally.
(L. 1965 p. 193, A.L. 1978 H.B. 971) (1979) Consolidation ballots shall comply with statutory requirements concerning the form of the ballot and it is not necessary to list the bonded indebtedness of each municipality and how such indebtedness will be retired on the ballot. State of Mo. ex rel. Holly v. Kielhofner (A.), 587 S.W.2d 647.
(L. 1965 p. 193, A.L. 1978 H.B. 971) (1979) Consolidation ballots shall comply with statutory requirements concerning the form of the ballot and it is not necessary to list the bonded indebtedness of each municipality and how such indebtedness will be retired on the ballot. State of Mo. ex rel. Holly v. Kielhofner (A.), 587 S.W.2d 647.
Status: in_force · Read it on the official government site
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