91.597. Bonds, how signed--term--rate of interest. - Missouri Statutes

Bonds, how signed--term--rate of interest.

91.597. The bonds authorized by section 91.596 shall besigned by each member of the board, attested by the secretaryunder the seal of the board. Said bonds shall run for a periodnot to exceed twenty years and draw interest at a rate to bedesignated by the board of public works, interest to be payablesemiannually and to be evidenced by the coupons attached. Thebonds and coupons shall be negotiable in form; the coupons may besigned only by the lithographed signatures of the president ofthe board and the secretary thereof.

(L. 1951 p. 349 § 3)