Missouri § 206.128 - Board of directors to prescribe form, make necessary covenants, restrictions — bondholders, remedies of — revenue bonds not to be exclusive method of financing.
Full text of Missouri Revised Statutes of Missouri § 206.128 — Board of directors to prescribe form, make necessary covenants, restrictions — bondholders, remedies of — revenue bonds not to be exclusive method of financing., with citation guidance and answers to common questions.
§ 206.128. Board of directors to prescribe form, make necessary covenants, restrictions — bondholders, remedies of — revenue bonds not to be exclusive method of financing.
1. The board of directors, issuing bonds under the provisions of section 206.122, shall prescribe the form, details and incidents of the bonds and the board of directors shall make such covenants as in their judgment are advisable or necessary properly to secure the payment thereof; but the form, details, incidents and covenants shall not be inconsistent with any of the provisions of sections 206.122 to 206.128.
2. The holder of any bonds issued hereunder or of any coupons representing interest accrued thereon may, by civil action either at law or in equity, compel the board of directors issuing such bonds to perform all duties imposed upon them by the provisions of sections 206.122 to 206.128, and also to enforce the performance of any and all other covenants made by such board of directors in the issuance of the bonds.
3. The provisions of sections 206.122 to 206.128 shall not be exclusive of other legal methods of financing the facilities therein described, but shall furnish an alternative method of finance.
--------
(L. 1971 S.B. 142)
---- end of effective 28 Aug 1971 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 206.128
What does Revised Statutes of Missouri § 206.128 cover?
Section 206.128 ("Board of directors to prescribe form, make necessary covenants, restrictions — bondholders, remedies of — revenue bonds not to be exclusive method of financing.") 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 § 206.128?
A common citation format is "Revised Statutes of Missouri § 206.128" (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 § 206.128 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.