Missouri § 348.120 - Note issue and renewal — bond issues and refunding authorized.
Full text of Missouri Revised Statutes of Missouri § 348.120 — Note issue and renewal — bond issues and refunding authorized., with citation guidance and answers to common questions.
§ 348.120. Note issue and renewal — bond issues and refunding authorized.
1. The authority shall have the power, from time to time, to issue notes to renew notes and bonds to pay notes, including the interest thereon, and, whenever it deems refunding expedient, to refund any bonds by the issuance of new bonds, whether the bonds to be refunded have or have not matured, and to issue bonds partly to refund bonds then outstanding and partly for any of its corporate* purposes.
2. Bonds or notes may be issued under the provisions of sections 348.005 to 348.180 without obtaining the consent of any department, division, commission, board, body, bureau, or agency of this state, and without any other proceedings or the happening of any conditions or things other than those proceedings, conditions, or things which are specifically required by sections 348.005 to 348.180 and by the provisions of the resolution authorizing the issuance of such bonds or notes, or the trust agreement securing the same.
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(L. 1981 H.B. 681 §§ 25, 26)
*Word "corporation" appears in original rolls.
---- end of effective 28 Aug 1981 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 348.120
What does Revised Statutes of Missouri § 348.120 cover?
Section 348.120 ("Note issue and renewal — bond issues and refunding authorized.") 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 § 348.120?
A common citation format is "Revised Statutes of Missouri § 348.120" (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 § 348.120 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.