108.410. Refunding bonds to refer to sections 108.400 to 108.410--ordinance to set denomination and rate and term within limits. - Missouri Statutes

Refunding bonds to refer to sections 108.400 to 108.410--ordinance toset denomination and rate and term within limits.

108.410. Refunding bonds issued under the provisions ofsections 108.400 to 108.410 shall make reference to sections108.400 to 108.410 and, except as otherwise provided by sections108.400 to 108.410, may become due in not to exceed twenty yearsfrom the date thereof. The bonds shall be in such denomination,bear such rate or rates of interest, not exceeding the averagerate borne by the bonds being refunded, be payable at such placeor places, and contain such redemption privileges as may bespecified in the ordinance, order, or resolution authorizing thebonds.

(L. 1975 H.B. 721 § 3)