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Code · Missouri · Chapter 99

99.912. Civil actions to compel governing body issuing bonds to perform all duties.

132 words·~1 min read·/mo/chapter-99/99-912

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99.912. Civil actions to compel governing body issuing bonds to perform all duties. — The governing body of the municipality may prescribe in any ordinance directing the issuance of bonds pursuant to the provisions of sections 99.875 to 99.912 the terms and conditions under which the holder, or any specified percentage of all holders, of any such bonds or of any coupons representing interest accrued thereon may, by civil action, compel the governing body of the municipality issuing such bonds to perform all duties imposed upon it by the provisions of sections 99.875 to 99.912 and to enforce the performance of any and all of the covenants made by the governing body of the municipality, in the issuance of the bonds.
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(L. 1992 H.B. 1434 & 1490 § 9 subsec. 10)
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