Missouri Revised Statutes

Chapter 246
Provisions Relating to All Drainage and Levee Districts
Section 246.080

August 28, 2011


Limitation on tax anticipation warrants.

246.080. Tax anticipation warrants may be issued and sold or exchanged for or in payment of machinery, draglines, equipment or work used in maintenance and chargeable to maintenance; provided, that in no event shall the tax anticipation warrants so issued, together with interest thereon, exceed two and one-half percent of the assessed benefits for any year falling due.

(RSMo 1939 § 12614)

Prior revision: 1929 § 11025


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