Missouri § 95.330 Sinking and interest funds to be provided for.

Missouri Statutes

§ 95.330 — Sinking and interest funds to be provided for.

Missouri § 95.330

Title VIICITIES, TOWNS AND VILLAGES

Ch. 95Financial Administration and Indebtedness

This text of Missouri § 95.330 (Sinking and interest funds to be provided for.) 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. § 95.330 (2026).

Text

Every city issuing bonds under the provisions of sections 95.320 to 95.340 shall, before or at the time of doing so, provide for the collection of an annual tax, which, together with all sums which shall be applicable to the payment of the principal and interest of the said bonds, shall be sufficient to pay the interest of the said bonds, as it falls due, and also to constitute a sinking fund for the payment of the principal thereof at the maturity thereof.  Such sinking fund shall be kept invested and managed in the same manner as the other sinking funds of such city.

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Every city issuing bonds under the provisions of sections 95.320 to 95.340 shall, before or at the time of doing so, provide for the collection of an annual tax, which, together with all sums which shall be applicable to the payment of the principal and interest of the said bonds, shall be sufficient to pay the interest of the said bonds, as it falls due, and also to constitute a sinking fund for the payment of the principal thereof at the maturity thereof. Such sinking fund shall be kept invested and managed in the same manner as the other sinking funds of such city.