Missouri § 349.060 - Notes, issuance, provisions, sale.

Full text of Missouri Revised Statutes of Missouri § 349.060 — Notes, issuance, provisions, sale., with citation guidance and answers to common questions.

§ 349.060. Notes, issuance, provisions, sale.

Pending the issuance of bonds, the corporation may issue notes payable from the proceeds of such bonds or from such other sources as the corporation may specify as in the case of bonds.  Such notes shall mature in not more than five years and shall be sold at public or private sale as the corporation may specify at not less than ninety-five percent of the principal amount thereof and at an interest rate not in excess of the maximum rate, if any, applicable to general and business corporations.  The other details with respect to such notes shall be determined by the corporation as in the case of bonds.

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(L. 1977 S.B. 267 § 11, A.L. 1980 H.B. 1582 & 1277)

---- end of effective  28 Aug 1980 ----

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Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 349.060

What does Revised Statutes of Missouri § 349.060 cover?

Section 349.060 ("Notes, issuance, provisions, sale.") 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 § 349.060?

A common citation format is "Revised Statutes of Missouri § 349.060" (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 § 349.060 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.