108.270. Auditor to certify annually amount required to pay interest, costs.
226 words·~1 min read·
/mo/chapter-108/108-270A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
108.270. Auditor to certify annually amount required to pay interest, costs. — The state auditor shall, annually, on or about the first day of July, certify to the several county commissions, city councils, boards of aldermen, boards of trustees, school boards, boards of supervisors or boards of commissioners the amount required during the next fiscal year to pay maturing interest coupons, together with ordinary costs to the state of collection and disbursement of the same, which amount shall thereupon be levied as a special tax upon all property in such county, city, village, township, school district, special or common road district, drainage district or levee district, and shall be collected with the state revenue and paid over to the treasurer of the county, city, village, township, school district, drainage district or levee district, special or common road district, having issued such outstanding registered bonds, which shall be deposited by such treasurer to the credit of his respective county, city, village, township, school district, drainage district, special or common road district, or levee district, in the bank or banks at which the same are made payable; provided, that this special tax may be paid in coupons, registered under sections 108.240 to 108.300 , overdue or maturing during the current fiscal year.
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(RSMo 1939 § 3303)
Prior revisions: 1929 § 2917; 1919 § 1065; 1909 § 1277