The municipality shall, by ordinance, provide the form of the revenue bonds to be issued hereunder and shall set out the terms under which such bonds shall be issued, including the rate of interest which they shall bear and the number of years within which they are to be redeemed.
Mo. Rev. Stat. § 100.130
Municipality to fix terms and form of revenue bonds
Known as the Missouri Business Use Incentives for Large-Scale Development Act
The act spans §§ 100–100 (89 sections).
Applied in 1 court decision — leading case City of St. Louis ex rel. Atlas Plumbing Supply Co. v. Aetna Casualty & Surety Co. (1969)
Most recently applied in City of St. Louis ex rel. Atlas Plumbing Supply Co. v. Aetna Casualty & Surety Co. (June 1969)
Effective: 28 Aug 1961; (L. 1961 p. 189 § 13)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.