Missouri § 249.955 - Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property.
Full text of Missouri Revised Statutes of Missouri § 249.955 — Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property., with citation guidance and answers to common questions.
§ 249.955. Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property.
The total amount of city or county general obligation bond indebtedness incurred for improvements under sections 249.925 to 249.955, including temporary notes issued pursuant to sections 249.925 to 249.955, shall not exceed ten percent of the assessed valuation of all taxable tangible property, as shown by the last completed property assessment for state or local purposes, within the district.
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(L. 1995 H.B. 88 § 19)
---- end of effective 28 Aug 1995 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 249.955
What does Revised Statutes of Missouri § 249.955 cover?
Section 249.955 ("Amount of bonds and temporary notes, limitation not to exceed ten percent of assessed valuation of taxable tangible property.") 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 § 249.955?
A common citation format is "Revised Statutes of Missouri § 249.955" (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 § 249.955 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.