Missouri § 247.570 - Special revenue obligation bonds — revenues pledged before issue.
Full text of Missouri Revised Statutes of Missouri § 247.570 — Special revenue obligation bonds — revenues pledged before issue., with citation guidance and answers to common questions.
§ 247.570. Special revenue obligation bonds — revenues pledged before issue.
Special revenue obligation bonds, within the meaning of sections 247.230 to 247.670, shall be bonds payable, both as to principal and interest, wholly and only out of the net income and revenues arising from the operation of the water supply system of the district, after providing for costs of operation, maintenance, depreciation and necessary extensions and enlargements, and such bonds shall not be deemed to be indebtedness of the district within the meaning of any constitutional or statutory limitation upon the incurring of indebtedness. Before or at the time of issuing any special revenue obligation bonds, the board shall pledge such net income and revenues to the payment of such bonds, both principal and interest, and shall covenant to fix, maintain and collect rates for water and water service supplied by such district so as to assure that such net income and revenues will be sufficient for the purpose herein required. The board may make such other covenants as may be appropriate for the purpose of protecting and safeguarding the revenues of the district and the payment of such special revenue obligation bonds.
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(L. 1949 p. 350 § 34)
---- end of effective 28 Aug 1949 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 247.570
What does Revised Statutes of Missouri § 247.570 cover?
Section 247.570 ("Special revenue obligation bonds — revenues pledged before issue.") 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 § 247.570?
A common citation format is "Revised Statutes of Missouri § 247.570" (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 § 247.570 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.