Any bonds issued under and pursuant to sections 8.370 to 8.450 shall not be deemed to be an indebtedness of the state of Missouri or of the board, or of the individual members of the board, and shall not be deemed to be an indebtedness within the meaning of any constitutional or statutory limitation upon the incurring of indebtedness.
Mo. Rev. Stat. § 8.410
Revenue bonds not obligations of state
Known as the Tobacco Settlement Financing Authority Act
The act spans §§ 8–8 (158 sections).
Effective: 28 Aug 1959; (L. 1959 H.B. 241 § 5)
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.