Effective - 18 Jun 1991
644.505. Bonds, when issued — denominations — interest, how set — form of bonds — treasurer's duties — auditor's duties. — As evidence of the indebtedness authorized by sections 644.500 to 644.561, there shall be issued, from time to time as occasion may require, negotiable bonds of the state of Missouri, in bearer form, which may be registrable as to principal or interest or both, or in fully registered form. Such bonds may be issued as serial bonds, term bonds, or a combination of both types. They shall be issued in denominations of one thousand dollars each, or multiples thereof, and shall bear dates to be fixed by the board of fund commissioners. They shall bear such rate or rates of interest and may bear such conversion privileges as may be determined by the board of fund commissioners. The interest thereon may be made payable, as determined by the board of fund commissioners. The bonds shall mature in such annual installment or installments as may be determined by the board of fund commissioners, provided that no bonds shall become due later than twenty-five years from the date such bonds bear. Both principal of and interest on the bonds may be made payable at such place or places, in or out of the state of Missouri, as the board of fund commissioners may designate, and if made payable at any place other than the office of the state treasurer at Jefferson City, Missouri, the state treasurer is authorized and directed to pay all expenses incident thereto. Each separate issue of the bonds shall be given a series designation, either alphabetical or numerical as may be determined by the board of fund commissioners. For the prompt payment of principal of the bonds at maturity and the interest thereon as it falls due, the full faith, credit and resources of the state of Missouri are hereby and herein irrevocably pledged. The board may prescribe the form, details and incidents of the bonds, but they shall not be inconsistent with any of the provisions of sections 644.500 to 644.651. Such bonds may have the great seal of the state of Missouri impressed thereon or affixed thereto or imprinted or otherwise reproduced thereon. The bonds may, in the discretion of the board of fund commissioners, be executed by the facsimile signature of the governor attested by the great seal of the state of Missouri, and the facsimile signature of the secretary of state and countersigned with the facsimile signature of the state treasurer, but all such bonds shall be executed by the genuine signature of at least one of such officers; provided that if such bonds are to be authenticated by the bank or trust company acting as registrar for such bonds by the manual signature of a duly authorized officer or employee of such bank or trust company, the governor, secretary of state, and state treasurer executing and attesting such bonds may all do so by facsimile signature, provided that such signatures have been duly filed as provided in sections 105.273 to 105.278, when duly authorized by resolution of the board. The provisions of section 108.175 shall not apply to such bonds. Any coupons attached to the bonds, evidencing the interest payments to be made thereon, shall be executed by affixing thereon the facsimile signature of the state treasurer. When directed so to do by the board of fund commissioners, the state auditor shall provide the bonds to be issued and lodge them with the state treasurer in whose custody and charge they shall remain until delivered to the purchaser thereof. The board shall, by resolution, provide a method for registering any of the bonds as the title thereto may be transferred, and for paying the interest thereon as it falls due, and the board shall exchange registered bonds or bonds payable to bearer whenever requested by the holders thereof. The bonds, signed, countersigned, endorsed and sealed, as provided in sections 644.500 to 644.561, when sold, shall be and constitute valid and binding obligations of the state of Missouri, although the sale thereof may be made at a date or dates after any officer whose signature is affixed thereto shall have ceased to be the incumbent of his office.
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(L. 1972 S.B. 596 § 2, A.L. 1982 2nd Ex. Sess. S.B. 4, A.L. 1991 S.B. 185)
Effective 6-18-91
Structure Missouri Revised Statutes
Title XL - Additional Executive Departments
Section 644.006 - Citation of act.
Section 644.011 - Statement of policy.
Section 644.016 - Definitions.
Section 644.018 - Reasonable use defined in cases involving surface water in flood-prone areas.
Section 644.021 - Commission created, members, qualifications, term — meetings.
Section 644.026 - Powers and duties of commission — rules, procedure.
Section 644.029 - New water quality requirements, grandfathering provision.
Section 644.037 - Wetlands impact by nationwide permit, department to certify.
Section 644.038 - Certification of nationwide permit by department, when.
Section 644.041 - Effluent regulations to be promulgated.
Section 644.042 - Losing streams, a rebuttable presumption, how determined.
Section 644.055 - Fees, nonpayment — penalty.
Section 644.057 - Clean water fee structure review, requirements.
Section 644.058 - Water quality standards revised, when — evaluation to be conducted, when.
Section 644.060 - Processed recycled asphalt shingles — use without permit, when.
Section 644.062 - Provisional variances granted, when — procedure.
Section 644.071 - Judicial review authorized.
Section 644.082 - Discharging water contaminants, permit required — violation, penalties.
Section 644.091 - State or its subdivisions not to contract with violator.
Section 644.096 - State or its subdivisions may recover actual damages from violators.
Section 644.101 - Certain drinking water and water pollution projects, state may provide assistance.
Section 644.102 - Matching grants for state revolving loan recipients.
Section 644.106 - State contributions limited — interest, limited — administrative fee allowed.
Section 644.111 - Commission to administer all state funds.
Section 644.117 - Small rural communities to have percentage of funds.
Section 644.121 - Rules and procedures, commission to adopt.
Section 644.123 - Repayment of loans credited to fund — administrative fees, deposit of, uses of.
Section 644.124 - State treasurer authorized to invest moneys of fund.
Section 644.150 - Subdivision defined.
Section 644.200 - Wastewater treatment system upgrades, department duties — analysis of options.
Section 644.500 - Commissioners authorized to borrow $20,000,000 for control of water pollution.
Section 644.507 - Exception to limitations on bond interest rates.
Section 644.508 - Borrowing additional sums, commissioners authority, state credit.
Section 644.509 - Debt authorization.
Section 644.510 - Bonds, how registered.
Section 644.511 - Additional bonds, how registered.
Section 644.515 - Bonds, how sold, deposits — proceeds — expenses of sale, how paid.
Section 644.516 - Additional bonds, how sold, deposits — proceeds — expenses of sale, how paid.
Section 644.520 - Proceeds of sale, how handled.
Section 644.521 - Proceeds of sale of additional bonds, how handled.
Section 644.526 - Investment of water pollution control funds — interest to accrue to fund.
Section 644.530 - Water pollution control bond and interest fund created, how used.
Section 644.531 - Water pollution control bond and interest fund, how used.
Section 644.535 - Water pollution control bond and interest fund, how deposited.
Section 644.540 - Tangible property tax, when levied.
Section 644.541 - Tangible property tax, when levied.
Section 644.551 - Additional bonds, principal and interest, how and when paid — repurchase when.
Section 644.555 - Treasurer to report on bond transactions to general assembly.
Section 644.556 - Treasurer to report on additional bond transactions to general assembly.
Section 644.566 - Commissioners authorized to borrow additional $2,500,000 for improvements.
Section 644.571 - Contingent effective date.
Section 644.572 - Commissioners authorized to borrow additional $10,000,000 for improvements.
Section 644.573 - Commissioners may borrow additional $10,000,000 for improvements.
Section 644.580 - Board may borrow additional $20,000,000 for purposes of storm water control.
Section 644.583 - Board may borrow additional $20,000,000 for purposes of storm water control.
Section 644.586 - Board may borrow additional $20,000,000 for purposes of storm water control.
Section 644.589 - Board may borrow additional $20,000,000 for purposes of storm water control.
Section 644.599 - Board may borrow additional $20,000,000 for purposes of storm water control.