Missouri § 95.135 Annual tax to pay principal and interest — indebtedness to be retired in twenty years.

Missouri Statutes

§ 95.135 — Annual tax to pay principal and interest — indebtedness to be retired in twenty years.

Missouri § 95.135

Title VIICITIES, TOWNS AND VILLAGES

Ch. 95Financial Administration and Indebtedness

This text of Missouri § 95.135 (Annual tax to pay principal and interest — indebtedness to be retired in twenty years.) 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. § 95.135 (2026).

Text

Before incurring any indebtedness under the provisions of sections 95.115 to 95.130 , every city, incorporated town or village, whether organized under the general laws of this state or by special charter or by constitutional charter, shall provide for the collection of an annual tax on all taxable tangible property therein sufficient to pay the interest and principal of the indebtedness as they fall due, and to retire the same within twenty years from the date contracted.

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Before incurring any indebtedness under the provisions of sections 95.115 to 95.130 , every city, incorporated town or village, whether organized under the general laws of this state or by special charter or by constitutional charter, shall provide for the collection of an annual tax on all taxable tangible property therein sufficient to pay the interest and principal of the indebtedness as they fall due, and to retire the same within twenty years from the date contracted.