Mo. Rev. Stat. § 95.135
This is the official text of Mo. Rev. Stat. § 95.135, 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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95.135 Annual tax to pay principal and interest — indebtedness to be retired in ...
Official statutory text
95.135. Annual tax to pay principal and interest — indebtedness to be retired in twenty years. — Before incurring any indebtedness under the provisions of sections 95.115 to 95.130 , every city, incorporated town or village, whether organized under the general laws of this state or by special charter or by constitutional charter, shall provide for the collection of an annual tax on all taxable tangible property therein sufficient to pay the interest and principal of the indebtedness as they fall due, and to retire the same within twenty years from the date contracted.
(L. 1945 p. 1299 § 7368d) CROSS REFERENCE: Proceeds and sinking funds of bonds--to be kept separately, 108.180 to 108.230
(L. 1945 p. 1299 § 7368d) CROSS REFERENCE: Proceeds and sinking funds of bonds--to be kept separately, 108.180 to 108.230
Status: in_force · Read it on the official government site
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