Missouri § 411.278 Amount of bond, how computed.

Missouri Statutes

§ 411.278 — Amount of bond, how computed.

Missouri § 411.278

Title XXVITRADE AND COMMERCE

Ch. 411Missouri Grain Warehouse Law

This text of Missouri § 411.278 (Amount of bond, how computed.) 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. § 411.278 (2026).

Text

1.The amount of the bond required by section 411.275 shall be based upon the licensed capacity of the warehouse, but in no event shall such bond be less than twenty thousand dollars, and shall be based upon the following table of rates:

2.Notwithstanding subsection 1 of this section, no bond required under section 411.275 shall exceed one million dollars; except, in the case of a deficiency in the net worth as set forth in section 411.280 , the director may require additional bond as he shall deem necessary to provide security.

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1. The amount of the bond required by section 411.275 shall be based upon the licensed capacity of the warehouse, but in no event shall such bond be less than twenty thousand dollars, and shall be based upon the following table of rates:

2. Notwithstanding subsection 1 of this section, no bond required under section 411.275 shall exceed one million dollars; except, in the case of a deficiency in the net worth as set forth in section 411.280 , the director may require additional bond as he shall deem necessary to provide security.