99.912. Civil actions to compel governing body issuing bonds to perform all duties. - Missouri Statutes

Civil actions to compel governing body issuing bonds to perform allduties.

99.912. The governing body of the municipality mayprescribe in any ordinance directing the issuance of bondspursuant to the provisions of sections 99.875 to 99.912 the termsand conditions under which the holder, or any specifiedpercentage of all holders, of any such bonds or of any couponsrepresenting interest accrued thereon may, by civil action,compel the governing body of the municipality issuing such bondsto perform all duties imposed upon it by the provisions ofsections 99.875 to 99.912 and to enforce the performance of anyand all of the covenants made by the governing body of themunicipality, in the issuance of the bonds.

(L. 1992 H.B. 1434 & 1490 § 9 subsec. 10)