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Mo. Rev. Stat. § 393.735

Additional security for bonds issued may be given, how

Known as the Joint Municipal Utility Commission Act

The act spans §§ 393–393 (168 sections).

Effective: 07 Dec 1978, see footnote; (L. 1978 H.B. 1126 § 8)

As additional security for bonds issued or to be issued by a commission, the commission may mortgage or execute deeds of trust of the whole or any part of a project. Any such mortgage or deed of trust covering the whole or any part of easements or other interests in real estate less than fee simple used in a project, or for the generation or transmission of electric power and energy, and covering fixtures annexed thereto, may be filed in the office of the secretary of state with or as a part of the financing statement covering such fixtures. All filings required under the uniform commercial code to perfect a security interest against the personal property or fixtures of a commission shall be made and maintained in the office of the secretary of state.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.