Missouri § 108.080 - Bonds — denominations, interest rate — depositary (county).
Full text of Missouri Revised Statutes of Missouri § 108.080 — Bonds — denominations, interest rate — depositary (county)., with citation guidance and answers to common questions.
§ 108.080. Bonds — denominations, interest rate — depositary (county).
Such bonds shall be issued in denominations of one hundred dollars or some multiple thereof, shall be payable to bearer, not later than twenty years from their date, shall bear interest from their date at a rate not exceeding four percent per annum, payable annually or semiannually, such interest payments to be evidenced by annexed coupons, and said bonds shall not be sold for less than ninety-five percent of the face value thereof. Such bonds shall specify the depositary or place where interest and principal payments will be made and shall be signed by the presiding justice of the county commission and attested by the signature of the clerk of the county commission with the seal of his office affixed thereto. The interest coupons may be executed by affixing thereon the facsimile signature of said clerk.
--------
(RSMo 1939 § 3297, A.L. 1945 p. 597 § 3299)
Prior revisions: 1929 § 2910; 1919 § 1058; 1909 § 1265
---- end of effective 28 Aug 1945 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 108.080
What does Revised Statutes of Missouri § 108.080 cover?
Section 108.080 ("Bonds — denominations, interest rate — depositary (county).") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 108.080?
A common citation format is "Revised Statutes of Missouri § 108.080" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 108.080 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.