Missouri § 49.550 - Lien on buildings and land — rights of bondholders.
Full text of Missouri Revised Statutes of Missouri § 49.550 — Lien on buildings and land — rights of bondholders., with citation guidance and answers to common questions.
§ 49.550. Lien on buildings and land — rights of bondholders.
There shall be and there is hereby created a statutory mortgage lien upon the buildings, land and appurtenances acquired or constructed under the provisions of sections 49.520 to 49.580 in favor of the holders and owners of the bonds. The buildings and land so acquired or constructed and the appurtenances thereto shall remain subject to the statutory lien until payment in full of the principal and the interest contracted to be paid and according to the tenor thereof. Any holder of the bonds or of any of the coupons may, either at law or in equity, protect and enforce the statutory mortgage lien hereby conferred, and may by suit, action, mandamus or other proceedings, enforce and compel performance of all duties set forth herein, including the making and collecting of sufficient charges for the use of the buildings, the segregation of the income and revenue, and the application thereof to satisfy the obligations.
--------
(L. 1961 p. 278 § 7)
---- end of effective 28 Aug 1961 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 49.550
What does Revised Statutes of Missouri § 49.550 cover?
Section 49.550 ("Lien on buildings and land — rights of bondholders.") 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 § 49.550?
A common citation format is "Revised Statutes of Missouri § 49.550" (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 § 49.550 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.