Missouri § 348.140 - Redemption of notes and bonds — powers — price.
Full text of Missouri Revised Statutes of Missouri § 348.140 — Redemption of notes and bonds — powers — price., with citation guidance and answers to common questions.
§ 348.140. Redemption of notes and bonds — powers — price.
The authority, subject to such agreement with noteholders or bondholders as may then exist, shall have the power, out of any funds available therefor, to purchase notes or bonds of the authority, which shall thereupon be cancelled, at a price not exceeding:
(1) If the notes or bonds are then redeemable, the redemption price then applicable plus accrued interest to the next interest payment thereon; or
(2) If the notes or bonds are not then redeemable, the redemption price applicable on the first date after such purchase upon which the notes or bonds become subject to redemption plus accrued interest to such date.
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(L. 1981 H.B. 681 § 30)
---- end of effective 28 Aug 1981 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 348.140
What does Revised Statutes of Missouri § 348.140 cover?
Section 348.140 ("Redemption of notes and bonds — powers — price.") 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 § 348.140?
A common citation format is "Revised Statutes of Missouri § 348.140" (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 § 348.140 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.