Missouri § 321.350 - Election to vote on issuing bonds or creating indebtedness.
Full text of Missouri Revised Statutes of Missouri § 321.350 — Election to vote on issuing bonds or creating indebtedness., with citation guidance and answers to common questions.
§ 321.350. Election to vote on issuing bonds or creating indebtedness.
Whenever any board shall, by resolution, determine that the interest of said district and the public interest or necessity demand the acquisition, construction, installation or completion of any works or other improvements or facilities, or the making of any contract with the United States or other persons or corporations, to carry out the objects or purposes of said district, requiring the creation of an indebtedness in an amount exceeding in any year the income and revenue provided for such year plus any unencumbered balances from previous years, said board shall order the submission of the proposition of issuing such obligations or bonds, or creating other indebtedness, to the voters of the election. The declaration of public interest or necessity herein required and the provision for holding of such election may be included within one and the same resolution, which resolution, in addition to such declaration of public interest or necessity, shall recite the objects and purposes for which the indebtedness is proposed to be incurred, the estimated cost of the works or improvements, as the case may be, the amount of principal of the indebtedness to be incurred therefor, and the maximum rate of interest to be paid on such indebtedness. Such resolution shall also fix the date upon which such election shall be held.
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(L. 1947 V. I p. 432 § 35, A.L. 1969 H.B. 322, A.L. 1978 H.B. 971)
---- end of effective 28 Aug 1978 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 321.350
What does Revised Statutes of Missouri § 321.350 cover?
Section 321.350 ("Election to vote on issuing bonds or creating indebtedness.") 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 § 321.350?
A common citation format is "Revised Statutes of Missouri § 321.350" (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 § 321.350 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.