Missouri § 249.795 - Refunding bonds, how issued.
Full text of Missouri Revised Statutes of Missouri § 249.795 — Refunding bonds, how issued., with citation guidance and answers to common questions.
§ 249.795. Refunding bonds, how issued.
1. Any sewer district organized under the provisions of sections 249.760 to 249.810 is authorized to refund all or any part of the outstanding bonded indebtedness of the district including interest, without an election.
2. When the bonds being refunded are general obligation bonds, payable from ad valorem taxes, the refunding bonds shall also be payable from ad valorem taxes levied upon all the taxable real property in the district.
3. All refunding bonds of a sewer district shall be negotiable and may be issued and exchanged for existing bonds or coupons. The refunding bonds shall contain such terms and be in denominations and payable at the place or places designated by the board of supervisors.
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(L. 1961 p. 451 § 15)
---- end of effective 28 Aug 1961 ----
Frequently Asked Questions About Missouri § 249.795
What does Revised Statutes of Missouri § 249.795 cover?
Section 249.795 ("Refunding bonds, how issued.") 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 § 249.795?
A common citation format is "Revised Statutes of Missouri § 249.795" (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 § 249.795 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.