Missouri § 91.720 - Bonds — payable from what revenue, liability limited.
Full text of Missouri Revised Statutes of Missouri § 91.720 — Bonds — payable from what revenue, liability limited., with citation guidance and answers to common questions.
§ 91.720. Bonds — payable from what revenue, liability limited.
Revenue bonds issued under sections 91.620 to 91.770 shall not be payable from or charged upon any funds, other than the revenue pledged to the payment thereof, nor shall the municipality issuing the same be subject to any pecuniary liability thereon. No holder or holders of any such bonds shall ever have the right to compel any exercise of the taxing power of the municipality to pay any such bonds or the interest thereon, nor to enforce payment thereof against any property of the municipality, nor shall any such bonds constitute a charge, lien or encumbrance, legal or equitable, upon any property of the municipality. Each bond issued under sections 91.620 to 91.770 shall recite in substance that said bond, including interest thereon, is payable solely from the revenue pledged to the payment thereof, and that said bond does not constitute a debt of the municipality within the meaning of any constitutional or statutory limitation.
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(L. 1941 p. 493 § 10)
---- end of effective 28 Aug 1941 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 91.720
What does Revised Statutes of Missouri § 91.720 cover?
Section 91.720 ("Bonds — payable from what revenue, liability limited.") 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 § 91.720?
A common citation format is "Revised Statutes of Missouri § 91.720" (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 § 91.720 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.