348.125. Notes and bond issues to be authorized by resolution containing terms. - Missouri Statutes

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Statutes > Missouri > T23 > C348 > 348_125

Notes and bond issues to be authorized by resolution containing terms.

348.125. The notes and bonds shall be authorized byresolution of the authority, shall bear such date or dates andshall mature at such time or times as such resolution mayprovide; except, that no bond shall mature more than fifty yearsfrom the date of its issue. The bonds may be issued as serialbonds payable in annual installments or as term bonds, or as acombination thereof. The notes and bonds shall bear interest atsuch rate or rates, be in such denominations, be in such form,either coupon or registered, carry such registration privileges,be executed in such manner, be payable in such medium of payment,at such place or places within or without the state, and besubject to such terms of redemption as such resolution mayprovide. The notes and bonds of the authority may be sold by theauthority, at public or private sale, at such price as theauthority shall determine.

(L. 1981 H.B. 681 § 27)

State Codes and Statutes

Statutes > Missouri > T23 > C348 > 348_125

Notes and bond issues to be authorized by resolution containing terms.

348.125. The notes and bonds shall be authorized byresolution of the authority, shall bear such date or dates andshall mature at such time or times as such resolution mayprovide; except, that no bond shall mature more than fifty yearsfrom the date of its issue. The bonds may be issued as serialbonds payable in annual installments or as term bonds, or as acombination thereof. The notes and bonds shall bear interest atsuch rate or rates, be in such denominations, be in such form,either coupon or registered, carry such registration privileges,be executed in such manner, be payable in such medium of payment,at such place or places within or without the state, and besubject to such terms of redemption as such resolution mayprovide. The notes and bonds of the authority may be sold by theauthority, at public or private sale, at such price as theauthority shall determine.

(L. 1981 H.B. 681 § 27)

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State Codes and Statutes

Statutes > Missouri > T23 > C348 > 348_125

Notes and bond issues to be authorized by resolution containing terms.

348.125. The notes and bonds shall be authorized byresolution of the authority, shall bear such date or dates andshall mature at such time or times as such resolution mayprovide; except, that no bond shall mature more than fifty yearsfrom the date of its issue. The bonds may be issued as serialbonds payable in annual installments or as term bonds, or as acombination thereof. The notes and bonds shall bear interest atsuch rate or rates, be in such denominations, be in such form,either coupon or registered, carry such registration privileges,be executed in such manner, be payable in such medium of payment,at such place or places within or without the state, and besubject to such terms of redemption as such resolution mayprovide. The notes and bonds of the authority may be sold by theauthority, at public or private sale, at such price as theauthority shall determine.

(L. 1981 H.B. 681 § 27)