Effective - 24 Jun 1988
79.557. Bonds, interest and income tax exempt — recognized as securities (certain municipalities). — 1. All bonds, notes and other instruments of indebtedness issued by the authority and all interest thereon and income therefrom shall be tax exempt.
2. Any notes, bonds or other instruments in writing issued by the authority pursuant to the provisions of sections 79.550 to 79.565 are hereby recognized to be securities in which all state and municipal officers and bodies, all banks, bankers, trust companies, savings banks, savings associations, building and loan associations, investment companies, and all other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business, and all administrators, executors, guardians, trustees and other fiduciaries and all other persons whatsoever who are now or who may hereafter be authorized to invest in bonds or other obligations of the state of Missouri may properly and legally invest any funds, including capital, belonging to them, or within their control and the obligations are hereby recognized as securities which may properly and legally be deposited with and shall be received by any state or municipal officer or agency for any purpose for which the deposit of bonds or other obligations of this state is now or may hereafter be authorized.
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(L. 1988 H.B. 1738 § 4)
Effective 6-24-88
Structure Missouri Revised Statutes
Title VII - Cities, Towns and Villages
Chapter 79 - Cities of the Fourth Classification
Section 79.010 - Fourth class cities, incorporation of.
Section 79.020 - City limits may be altered, how.
Section 79.025 - Annexation of territory prohibited, when (City of Byrnes Mill).
Section 79.030 - Election of officers.
Section 79.035 - Primary election may be held, procedure, cost, exception.
Section 79.040 - Election ordered.
Section 79.055 - City marshal, training requirements, fourth class cities.
Section 79.070 - Aldermen, qualifications.
Section 79.080 - Mayor, qualifications.
Section 79.090 - Board to select an acting president, term.
Section 79.100 - Acting president to perform duties of mayor, when.
Section 79.110 - Mayor and board — duties.
Section 79.120 - Mayor may sit in board.
Section 79.130 - Ordinances — procedure to enact — inapplicable, when.
Section 79.130 - Ordinances — procedure to enact.
Section 79.135 - Proposed ordinance by petition, procedure (City of Savannah).
Section 79.140 - Bills must be signed — mayor's veto.
Section 79.150 - Board to keep journal of proceedings.
Section 79.160 - Board shall publish semiannual statements.
Section 79.165 - No money of city to be disbursed until statement is published — penalty.
Section 79.180 - Board may compel attendance of witnesses — mayor to administer oaths.
Section 79.190 - Mayor to sign commissions.
Section 79.200 - Mayor shall have the power to enforce laws.
Section 79.210 - Mayor — communications to board.
Section 79.220 - Mayor may remit fine, grant pardon.
Section 79.230 - Appointive officers.
Section 79.240 - Removal of officers.
Section 79.250 - Officers to be voters and residents — exceptions, appointed officers.
Section 79.260 - Officers' oath — bond.
Section 79.270 - Salaries fixed by ordinance.
Section 79.280 - Vacancies in certain offices, how filled.
Section 79.290 - Powers and duties of officers to be prescribed by ordinance.
Section 79.300 - Treasurer, duties — bond.
Section 79.310 - Collector to make annual report.
Section 79.320 - City clerk, election — duties.
Section 79.330 - Offices of marshal and collector may be consolidated.
Section 79.340 - Officers to report receipts and expenditures.
Section 79.350 - Mayor or board may inspect books and records of officers.
Section 79.360 - Misdemeanor in office, penalty.
Section 79.365 - Compensation of certain board and commission members, how fixed.
Section 79.370 - Board shall regulate sanitary conditions.
Section 79.383 - Abatement of nuisance by civil action, city may be awarded attorney's fees.
Section 79.390 - Powers — water supply, marketplaces, city hall, prison, parks.
Section 79.410 - Powers — regulations governing.
Section 79.430 - Board may provide public cemeteries and regulate same.
Section 79.440 - Cemetery lots, how sold.
Section 79.450 - Certain activities to be prohibited and suppressed.
Section 79.460 - Board may prohibit carrying concealed weapons.
Section 79.470 - Board to set penalties, limitation.
Section 79.480 - Notice of action shall be given — when — contents.
Section 79.490 - Fourth class city disincorporated, how — election, notice.
Section 79.500 - Contracts not affected by disincorporation.
Section 79.510 - County commission shall appoint trustee.
Section 79.520 - Trustee, duties.
Section 79.530 - Trustee may employ counsel — report to county commission.
Section 79.540 - Trustee to make final settlement with county commission.
Section 79.552 - Members, appointment, qualifications, terms — expenses (certain municipalities).
Section 79.555 - Powers of authority (certain municipalities).
Section 79.600 - Annexation of trash and recyclable material facilities, procedure (City of Eureka)