Missouri § 242.630 - Unpaid warrants to draw interest.
Full text of Missouri Revised Statutes of Missouri § 242.630 — Unpaid warrants to draw interest., with citation guidance and answers to common questions.
§ 242.630. Unpaid warrants to draw interest.
Any warrant issued under sections 242.010 to 242.690 that is not paid when presented to the treasurer of the board of supervisors of the district, because of lack of funds in the treasury, such fact shall be endorsed on the back of such warrant, and such warrant shall draw interest thereafter at a rate of not more than twelve percent per annum, until such time as there is any money on hand to pay the amount of the warrant and the interest then accumulated, but no interest shall be allowed on warrants after such time when sufficient funds are in the treasury to pay the endorsed warrants and interest.
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(RSMo 1939 § 12356, A.L. 1985 H.B. 378)
Prior revisions: 1929 § 10775; 1919 § 4408; 1909 § 5532
---- end of effective 28 Aug 1985 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 242.630
What does Revised Statutes of Missouri § 242.630 cover?
Section 242.630 ("Unpaid warrants to draw interest.") 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 § 242.630?
A common citation format is "Revised Statutes of Missouri § 242.630" (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 § 242.630 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.