☰ Revisor of Missouri

Title XVI CONSERVATION, RESOURCES AND DEVELOPMENT

Chapter 257

< > Effective - 28 Aug 1959    bottom

  257.390.  Public sale of bonds, minimum price — use of proceeds. — The board of trustees on behalf of the district shall sell its bonds to the best advantage at public sale on sealed bids but for no less than ninety-five cents on the dollar and the proceeds shall be paid over to the treasurer of the district, who shall disburse the proceeds on order of the board of trustees in payment of costs incidental to the holding of the election, the issuance of the bonds and in paying the costs of constructing and carrying into execution the plan of improvement adopted for the district.  The sale of the bonds shall be publicly advertised for such time and in such manner as the board directs.

­­--------

(L. 1959 S.B. 199 § 39)


---- end of effective  28 Aug 1959 ----

use this link to bookmark section  257.390


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. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House