SECOND REGULAR SESSION
SENATE BILL NO. 768
90TH GENERAL ASSEMBLY
INTRODUCED BY SENATOR STOLL.
Pre-filed January 4, 2000, and 1,000 copies ordered printed.
TERRY L. SPIELER, Secretary.
3493S.01I
AN ACT
To repeal section 409.107, RSMo 1994, relating to the regulation of securities, and to enact in lieu thereof one new section relating to the same subject.
Section A. Section 409.107, RSMo 1994, is repealed and one new section enacted in lieu thereof, to be known as section 409.107, to read as follows:
409.107. No investment firm, legal firm offering bond counsel services, or any persons having an interest in any such firms shall be involved in any manner in the issuance of bonds authorized by an election in which the firm or person made any financial contribution [of any kind whatsoever] to any campaign in support of the bond election. For purposes of this section, a financial contribution shall be defined to include any contribution of cash or money by the firm or person to any campaign to advocate passage of the bond election, and the providing by the firm or person of campaign literature which expressly advocates the passage of the bond election.