Effective – 28 Aug 1939 99.140. Authority to have power to issue bonds — liability therefor. — 1. An authority shall have power to issue bonds from time to time in its discretion, for any of its corporate purposes. An authority shall also have power to issue refunding bonds for the purpose of paying or […]
Effective – 28 Aug 1982 99.150. Bonds, how issued — how sold — interest. — 1. Bonds of an authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date or dates, mature at such time or times, bear interest at such rate or rates, […]
Effective – 28 Aug 1939 99.160. Powers of authority in connection with issuance of bonds. — In connection with the issuance of bonds or the incurring of obligations under leases and in order to secure the payment of such bonds or obligations, an authority, in addition to its other powers, shall have power (1) To […]
Effective – 28 Aug 1939 99.170. State auditor to pass upon validity of bonds. — An authority may submit to the state auditor any bonds to be issued hereunder after all proceedings for the issuance of such bonds have been taken. Upon the submission of such proceedings to the state auditor, it shall be his […]
Effective – 28 Aug 1939 99.180. Rights of an obligee of an authority. — An obligee of an authority shall have the right in addition to all other rights which may be conferred on such obligee, subject only to any contractual restrictions binding upon such obligee: (1) By mandamus, suit, action or proceeding at law […]
Effective – 28 Aug 1939 99.190. Rights of authority upon the happening of an event of default. — An authority shall have power by its resolution, trust indenture, mortgage, lease or other contract to confer upon any obligee holding or representing a specified amount in bonds, or holding a lease, the right (in addition to […]
Effective – 28 Aug 1939 99.200. Real property of authority exempt from levy and sale by virtue of an execution. — All real property of an authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the same nor shall judgment against […]
Effective – 28 Aug 1939 99.210. Authority may borrow money or accept grants or assistance from federal government. — In addition to the powers conferred upon an authority by other provisions of sections 99.010 to 99.230, an authority is empowered to borrow money or accept contributions, grants or other financial assistance from the federal government […]
Effective – 28 Aug 1939 99.220. Authority to file report annually. — At least once a year, an authority shall file with the clerk a report of its activities for the preceding year, and shall make recommendations with reference to such additional legislation or other action as it deems necessary in order to carry out […]
Effective – 28 Aug 1986 99.225. Funds to be used only for certain purposes. — No funds derived from the United States Department of Housing and Urban Development for the subsidization, directly or indirectly, of very low and low-income housing may be used by any housing authority, directly or indirectly, for any of the nonhousing […]
Effective – 28 Aug 1939 99.230. Effect of sections 99.010 to 99.230. — Insofar as the provisions of sections 99.010 to 99.230 are inconsistent with the provisions of any other law, the provisions of sections 99.010 to 99.230 shall be controlling. ——– (RSMo 1939 § 7875)
