Missouri § 257.390 Public sale of bonds, minimum price — use of proceeds.

Missouri Statutes

§ 257.390 — Public sale of bonds, minimum price — use of proceeds.

Missouri § 257.390

Title XVICONSERVATION, RESOURCES AND DEVELOPMENT

Ch. 257Water Conservancy Districts

This text of Missouri § 257.390 (Public sale of bonds, minimum price — use of proceeds.) 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. § 257.390 (2026).

Text

The board of trustees on behalf of the district shall sell its bonds to the best advantage at public sale on sealed bids but for no less than ninety-five cents on the dollar and the proceeds shall be paid over to the treasurer of the district, who shall disburse the proceeds on order of the board of trustees in payment of costs incidental to the holding of the election, the issuance of the bonds and in paying the costs of constructing and carrying into execution the plan of improvement adopted for the district.  The sale of the bonds shall be publicly advertised for such time and in such manner as the board directs.

Free access — add to your briefcase to read the full text and ask questions with AI

The board of trustees on behalf of the district shall sell its bonds to the best advantage at public sale on sealed bids but for no less than ninety-five cents on the dollar and the proceeds shall be paid over to the treasurer of the district, who shall disburse the proceeds on order of the board of trustees in payment of costs incidental to the holding of the election, the issuance of the bonds and in paying the costs of constructing and carrying into execution the plan of improvement adopted for the district. The sale of the bonds shall be publicly advertised for such time and in such manner as the board directs.