Missouri Revised Statutes
Chapter 108 - Bond Issues, Miscellaneous Provisions
Section 108.260 - Bond issues — annual statement — call before maturity — failure to make statement, penalty.

Effective - 28 Aug 1939
108.260. Bond issues — annual statement — call before maturity — failure to make statement, penalty. — 1. It shall be the duty of the clerk, secretary, auditor or comptroller of any county, city, village or school district, on the first day of July, A.D. 1897, to furnish the state auditor a statement verified by his oath, of all the bonds and coupons of such county, city, town, village or school district theretofore registered by the state auditor and then outstanding, with all the details as to date of issue and maturity, rate of interest, place of redemption and purpose for which issued and the said officer shall, annually thereafter, on or about the first day of January, make a statement of the bonds and coupons retired by his county, city, town, village or school district since the last report.
2. The state auditor shall make entry of the bonds so reported as retired, and where bonds registered by the state auditor have been or shall be issued subject to call before maturity, and where such call shall be made, it shall be the duty of the clerk, secretary, auditor or comptroller, thirty days before the same are payable, to notify the state auditor of the intention of such county, city, town, village or school district to pay off such bonds called and such other description as to fully identify the same. And any such clerk, secretary, auditor or comptroller of any such county, city, town, village or school district who shall fail to make any statement required by this section shall be guilty of a misdemeanor, and shall, on conviction thereof, be punished by a fine of not less than ten nor more than one hundred dollars.
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(RSMo 1939 § 3301)
Prior revisions: 1929 § 2914; 1919 § 1062; 1909 § 1274
(1971) The submission of a bond issue with a portion to be spent for hospital expansion and a portion to be spent for nursing home facilities on the hospital grounds as a single submission forms one proposition and does not constitute "doubleness". State ex rel. Phelps County v. Holman (Mo.), 461 S.W.2d 689.
(1975) Held that language on ballot ". . . these general obligation bonds will be payable first from a city-wide sales tax . . ." did not invalidate bonds, but court indicated that in a subsequent case they might hold differently. Northern Trust Co. v. City of Independence (Mo.), 526 S.W.2d 825.

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title VIII - Public Officers and Employees, Bonds and Records

Chapter 108 - Bond Issues, Miscellaneous Provisions

Section 108.010 - County may become indebted, when — limitation.

Section 108.020 - Additional county indebtedness.

Section 108.030 - Interest and principal of indebtedness — annual tax on tangible property (county).

Section 108.040 - Election to authorize county indebtedness — petition.

Section 108.050 - Notice of election.

Section 108.060 - Form of ballot.

Section 108.070 - Vote required for approval — sale of bonds — tax to be imposed.

Section 108.080 - Bonds — denominations, interest rate — depositary (county).

Section 108.090 - County treasurer to sell bonds.

Section 108.100 - Bond registry, contents (county).

Section 108.110 - Moneys deposited in county treasury — county commission to withdraw money for purposes for which bonds were issued.

Section 108.120 - Road bonds — construction fund (county).

Section 108.130 - Funding of judgment indebtedness — bond issue therefor (county, municipality).

Section 108.140 - Political subdivisions may refund, extend, unify indebtedness.

Section 108.150 - Refunding bonds — provision for payment of interest and principal.

Section 108.160 - Record of redemption and cancellation.

Section 108.170 - Bonds, notes and other evidences of indebtedness, forms — rate — municipal advisor — sales price — exceptions — agreements for purchase of commodities.

Section 108.175 - Use of facsimile signatures and seals, requirements — Missouri banks or trust companies may act as agents, exception.

Section 108.180 - Bond issue — funds kept separate.

Section 108.190 - Violation a misdemeanor — penalty.

Section 108.200 - Surplus funds for purchase of bonds.

Section 108.210 - Sale of bonds and purchase of new bonds.

Section 108.220 - Unclaimed balances in bond issue, interest and sinking funds may be transferred to any other fund.

Section 108.230 - Bond issue funds exempt from attachment and execution.

Section 108.240 - Bonds to be certified by state auditor — validity — defenses.

Section 108.250 - Auditor's fee for registering bonds — transmitted to director of revenue.

Section 108.260 - Bond issues — annual statement — call before maturity — failure to make statement, penalty.

Section 108.270 - Auditor to certify annually amount required to pay interest, costs.

Section 108.280 - May levy larger tax — must certify to auditor bonds redeemed.

Section 108.290 - Registered bonds, lawful security.

Section 108.300 - Provisions not applicable to certain counties, cities or school districts.

Section 108.310 - Petition for pro forma decree.

Section 108.320 - Notice of presentation of petition — intervening petition.

Section 108.330 - Hearing — court order.

Section 108.340 - Appeal.

Section 108.350 - Court to determine appeal without delay.

Section 108.400 - Refunding bonds authorized.

Section 108.405 - Refunding bonds, how issued.

Section 108.410 - Refunding bonds to refer to sections 108.400 to 108.410 — ordinance to set denomination and rate and term within limits.

Section 108.450 - Definitions — authority to issue bonds, form — restrictions.

Section 108.455 - Bond issue, requirements and restrictions — exempt from state and local income tax.

Section 108.460 - Form and detail of bonds to be prescribed — criteria for mortgages may be established.

Section 108.465 - County defined to include certain cities.

Section 108.470 - Discrimination in granting of loans is unlawful.

Section 108.500 - Definitions.

Section 108.502 - Allocation to bond issuers, state ceiling used.

Section 108.508 - State ceiling for each calendar year, how calculated.

Section 108.510 - Allocation application, form — criteria for consideration of approval by director — rules, promulgation, procedure.

Section 108.512 - Notification of approval, rejection — expiration of approved allocation.

Section 108.518 - Extension procedure — time authorized — bonds not issued, expire when.

Section 108.520 - Certification of bonds.

Section 108.522 - Carry-forward election, procedure.

Section 108.524 - Expiration, resubmission of application.

Section 108.526 - Report of all private activity bonds issued, when — procedure.

Section 108.528 - Violations, effect.

Section 108.530 - State ceiling, revision of, director to make recommendations, when.

Section 108.532 - Allocation of state ceiling, law applicable, when.

Section 108.900 - Commissioners authorized to borrow and to issue bonds for state building and property improvements.

Section 108.901 - Bonds, when issued — denominations — interest, how set — form of bonds — treasurer's duties — auditor's duties.

Section 108.902 - Bonds, how registered.

Section 108.903 - Bonds, how sold, deposits — proceeds — expenses of sale, how paid.

Section 108.904 - Proceeds of sales paid into third state building fund — purchase preferences for Missouri products and firms, when.

Section 108.905 - Appropriations from fund, purposes — distribution.

Section 108.906 - Projects to be authorized by general assembly, exceptions.

Section 108.907 - Third state building fund, deposits, how made — interest to accrue to fund.

Section 108.908 - Third state building bond interest and sinking fund created, how used.

Section 108.909 - Third state building bond interest and sinking fund, deposits how made — interest to accrue to fund.

Section 108.910 - Tangible property tax, when levied.

Section 108.911 - Third state building bond interest and sinking fund money to stand appropriated for payment of principal and interest on bonds.

Section 108.912 - Bonds, principal and interest, how paid — repurchase, when.

Section 108.913 - Treasurer to report on bond transactions to general assembly.

Section 108.914 - Bonds to be issued as funds are required — issuance by resolution of board — written consent of governor required.

Section 108.925 - Fourth state building fund to rebuild institutions of higher learning, department of corrections and youth services division commissioners authorized to borrow and issue bonds.

Section 108.926 - Bonds, when issued — denominations — interest, how set — form of bonds — treasurer's duties — auditor's duties — facsimile signatures authorized, when.

Section 108.927 - Bonds, how registered.

Section 108.928 - Bonds, how sold, deposit — proceeds — right of commissioners to reject any bid — expenses of sale, how paid.

Section 108.929 - Proceeds of sales paid into fourth state building fund.

Section 108.930 - Investment and deposits to be made by state treasurer in fourth state building fund — interest received on deposits to be credited to fund.

Section 108.933 - Bonds, principal and interest, how paid — repurchase, when — actions by board of fund commissioners, procedure — governor's written consent required.

Section 108.1000 - Definitions — issuance of bonds, when — federal tax credits.

Section 108.1010 - Allocation of recovery zone bonds, to whom — application — rulemaking authority.

Section 108.1020 - Bonds exempt from taxation.