Missouri § 238.327 Indebtedness authorized — bonds, may be issued.

Missouri Statutes

§ 238.327 — Indebtedness authorized — bonds, may be issued.

Missouri § 238.327

Title XIVROADS AND WATERWAYS

Ch. 238Transportation Districts and Transportation Corporations, Special Projects

This text of Missouri § 238.327 (Indebtedness authorized — bonds, may be issued.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 238.327 (2026).

Text

1.A corporation may contract and incur liabilities appropriate to accomplish its purposes.

2.It may borrow money for its corporate purposes at such rates of interest as the corporation may determine.

3.It may issue bonds, notes and other obligations, and may secure any of such obligations by mortgage, pledge, or deed of trust of any or all of the property and income of the corporation, subject to the restrictions provided in sections 238.300 to 238.360 . The corporation shall not mortgage, pledge or give a deed of trust on any real property or interests which it obtained by eminent domain or acquired from the state of Missouri or any agency or political subdivision thereof.

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1. A corporation may contract and incur liabilities appropriate to accomplish its purposes.

2. It may borrow money for its corporate purposes at such rates of interest as the corporation may determine.

3. It may issue bonds, notes and other obligations, and may secure any of such obligations by mortgage, pledge, or deed of trust of any or all of the property and income of the corporation, subject to the restrictions provided in sections 238.300 to 238.360 . The corporation shall not mortgage, pledge or give a deed of trust on any real property or interests which it obtained by eminent domain or acquired from the state of Missouri or any agency or political subdivision thereof.