393.735. Additional security for bonds issued may be given, how. - Missouri Statutes

Additional security for bonds issued may be given, how.

393.735. As additional security for bonds issued or to beissued by a commission, the commission may mortgage or executedeeds of trust of the whole or any part of a project. Any suchmortgage or deed of trust covering the whole or any part ofeasements or other interests in real estate less than fee simpleused in a project, or for the generation or transmission ofelectric power and energy, and covering fixtures annexed thereto,may be filed in the office of the secretary of state with or as apart of the financing statement covering such fixtures. Allfilings required under the uniform commercial code to perfect asecurity interest against the personal property or fixtures of acommission shall be made and maintained in the office of thesecretary of state.

(L. 1978 H.B. 1126 § 8)

Effective 12-7-78