226.210. Road bond interest and sinking fund. - Missouri Statutes

Road bond interest and sinking fund.

226.210. There is hereby created and set up the "State RoadBond and Interest Sinking Fund" into which shall be paid thebalance remaining in the state highway department fund asprovided in section 226.200. From this fund shall be paid theinterest and principal upon all outstanding state road bonds asthey become due. Any balance in excess of the amount necessaryto meet the payment of the principal and interest of any stateroad bonds for the next succeeding twelve months shall betransferred to the state road fund.

(RSMo 1939 § 8810, A.L. 1945 p. 1467)

Prior revision: 1929 § 8145