249.250. Unpaid warrants to draw interest. — Whenever any warrant issued under sections 249.010 to 249.420 is not paid when presented to the president of the board of trustees of the district, because of lack of funds in the treasury, such fact shall be endorsed on the back of such warrant and such warrant shall draw interest thereafter at the rate of six percent per annum until such time as there is money on hand or in the treasury to pay the amount of such warrant and the interest then accumulated, but no interest shall be allowed or paid on any warrant after the time when sufficient funds are in the treasury or on hand to pay such endorsed warrants with interest.
--------
(RSMo 1939 § 12678)
---- end of effective 28 Aug 1939 ----
use this link to bookmark section 249.250
Effective dates prior to 1940 may not be the actual effective date. See FAQ 'When do laws become effective?'
|
|
|||
| Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law | |||
| In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. |
|
||
|
|
|||
| Recent Sections | Editorials | May Be Cited As | Tables & Forms | Multiple Enact |
| Repeal & Transfer | Definitions | End Report | ||
|
|
||||
| Site changes | Pictures | Contact | ||
| Legislative Research | Oversight | MOLIS | |||
| Library | MO WebMasters |
| Errors / suggestions - WebMaster@LR.mo.gov |
|
©Missouri Legislature, all rights reserved. | |||||||
|
|
|
|
|
|||||
