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Title XII PUBLIC HEALTH AND WELFARE

Chapter 205

previous next Effective - 28 Aug 1972bottom

  205.169.  Bonds, form and covenants to be made by county commission — rights of holders — provisions not exclusive. — 1.  The county commission issuing bonds under the provisions of sections 205.161 to 205.169 shall prescribe the form, details and incidents of the bonds, and the county commission shall make such covenants as in its judgment are advisable or necessary properly to secure the payment thereof; but the form, details, incidents, and covenants shall not be inconsistent with any of the provisions of sections 205.161 to 205.169.

  2.  The holder of any bonds issued hereunder or of any coupons representing interest accrued thereon* may, by civil action, compel the county commission issuing such bonds to perform all duties imposed upon it by the provisions of sections 205.161 to 205.169 and to enforce the performance of any and all of the covenants made by the county commission in the issuance of the bonds.

  3.  The provisions of sections 205.161 to 205.169 shall not be exclusive of other legal methods of financing hospitals and related facilities, but shall furnish an alternative method of finance.

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(L. 1972 H.B. 1262 § 4)

*Word "thereof" appears in original rolls.


---- end of effective   28 Aug 1972 ----

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