Effective - 28 Aug 1963
165.141. Execution and certification of notes — registration by county treasurer — record of issuance and payment — cancellation. — 1. The notes shall be known as tax anticipation notes of the school district and shall be signed by the president of the school board and attested by the clerk or secretary. The clerk or secretary of the school board shall certify on the back of each note that the note is issued pursuant to an order of the school board of the district and the aggregate principal amount of all prior notes and warrants issued against the fund referred to in the note which are unpaid at the date of the certificate. All notes issued under this section and section 165.131 shall be registered, without fee, before delivery in the office of the county treasurer of the county in which the school district lies. The registry shall show the number, date, amount and interest rate of each note, the fund for which issued, date of sale and name of the payee, if any, or of the purchaser if payable to bearer. Upon payment and cancellation the notes shall be submitted to the county treasurer who shall record the date of payment and cancellation in his record of registry.
2. The secretary of the school district shall keep true and correct record of the issuance, and of the fact and date of payment of all notes, and deliver a duplicate thereof to the treasurer of the school district. The notes upon payment shall be cancelled and it shall not be lawful for the school district to purchase and reissue any of the notes.
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(L. 1963 p. 200 § 6-14)
(Source: RSMo 1959 § 165.073)
Structure Missouri Revised Statutes
Title XI - Education and Libraries
Chapter 165 - Budget and Current Financing
Section 165.031 - Lost or destroyed check, duplicate to issue, when.
Section 165.051 - Investment of surplus funds.
Section 165.061 - Treasurer, duties of.
Section 165.091 - School money, how disbursed.
Section 165.101 - Settlements of treasurer of seven-director districts, when due.
Section 165.131 - Tax and revenue anticipation notes — form.
Section 165.161 - Disbursements in metropolitan districts, how made.
Section 165.171 - Audits, how provided — removal of appointed auditor.
Section 165.211 - Depositaries, how selected, when — bids received when — notice to be published.
Section 165.231 - Opening of bids — interest on deposits.
Section 165.241 - Deposits, how secured — renewal of deposit agreement.
Section 165.251 - Additional security may be required.
Section 165.261 - Failure to select depositary.
Section 165.281 - Penalty for failure to pay valid check of seven-director district.
Section 165.291 - Liability of district treasurer.
Section 165.301 - Selection of depositaries in metropolitan districts.