246.080. Limitation on tax anticipation warrants. - Missouri Statutes

Limitation on tax anticipation warrants.

246.080. Tax anticipation warrants may be issued and sold orexchanged for or in payment of machinery, draglines, equipment orwork used in maintenance and chargeable to maintenance; provided,that in no event shall the tax anticipation warrants so issued,together with interest thereon, exceed two and one-half percentof the assessed benefits for any year falling due.

(RSMo 1939 § 12614)

Prior revision: 1929 § 11025