348.170. Bonds and notes of authority deemed negotiable instruments, subject to registration. - Missouri Statutes

Bonds and notes of authority deemed negotiable instruments, subject toregistration.

348.170. 1. Whether or not the notes and bonds are of suchform and character as to be negotiable instruments under theterms of the Missouri uniform commercial code, the notes andbonds are hereby made negotiable instruments within the meaningof and for all the purposes of the Missouri uniform commercialcode, subject only to the provisions contained in such notes andbonds for registration.

2. Bonds issued by the authority shall be deemed to besecurities issued by a public instrumentality and body corporate.

(L. 1981 H.B. 681 §§ 36, 37)