Missouri Revised Statutes Title XV. Lands, Levees, Drainage, Sewers and Public Water Supply § 249.955. Bonded indebtedness, limitation on
Current as of January 01, 2018 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
The total amount of city or county general obligation bond indebtedness incurred for improvements under sections 249.925 to 249.955, including temporary notes issued pursuant to sections 249.925 to 249.955, shall not exceed ten percent of the assessed valuation of all taxable tangible property, as shown by the last completed property assessment for state or local purposes, within the district.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XV. Lands, Levees, Drainage, Sewers and Public Water Supply § 249.955. Bonded indebtedness, limitation on - last updated January 01, 2018 | https://codes.findlaw.com/mo/title-xv-lands-levees-drainage-sewers-and-public-water-supply/mo-rev-st-249-955/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?