Missouri § 49.555 - Receiver on default in payment of bonds.
Full text of Missouri Revised Statutes of Missouri § 49.555 — Receiver on default in payment of bonds., with citation guidance and answers to common questions.
§ 49.555. Receiver on default in payment of bonds.
If there is any default in the payment of the principal or interest of any of the bonds, any court having jurisdiction of any action brought by any bond or couponholder may appoint a receiver to administer the buildings on behalf of the bondholders, with power to charge and collect rents or obligations outstanding against the buildings and for the payment of operating expenses, and to apply the income and revenues so derived in conformity with the provisions set forth in sections 49.520 to 49.580 and the orders hereinafter referred to.
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(L. 1961 p. 278 § 8)
---- end of effective 28 Aug 1961 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 49.555
What does Revised Statutes of Missouri § 49.555 cover?
Section 49.555 ("Receiver on default in payment of bonds.") 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 § 49.555?
A common citation format is "Revised Statutes of Missouri § 49.555" (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 § 49.555 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.