Section 110.150 – Public opening of bids — computation and payment of interest — rejected bids.
Effective – 28 Aug 2010, 3 histories 110.150. Public opening of bids — computation and payment of interest — rejected bids. — 1. The county commission, at noon on or before the first Monday of July for the year in which a bid is requested and every second or fourth year thereafter, shall publicly open […]
Section 110.170 – Transferring funds to depositary — liability of collector-treasurer and depositary — duties of township trustees.
Effective – 28 Aug 2010 110.170. Transferring funds to depositary — liability of collector-treasurer and depositary — duties of township trustees. — 1. As soon as the required security is given and approved, the commission shall make an order designating the successful bidders as depositaries of the funds until sixty-five days after the time fixed […]
Section 110.020 – Securities deposited, amount of.
Effective – 28 Aug 1973 110.020. Securities deposited, amount of. — The value of the securities deposited and maintained by a legal depositary under section 110.010 shall at all times be not less than one hundred percent of the actual amount of the funds on deposit with the depositary, less the amount, if any, insured […]
Section 110.030 – Advertisement for bids unnecessary, when.
Effective – 28 Aug 1939 110.030. Advertisement for bids unnecessary, when. — The various statutory provisions in relation to the advertisement for and receipt of bids and the award of the funds to the best bidder or bidders for the whole or any part of any of the public funds of the character referred to […]
Section 110.040 – Depositary outside of territorial limits legal, when.
Effective – 28 Aug 1939 110.040. Depositary outside of territorial limits legal, when. — In the event that there shall be no banking corporation, association, trust company or individual banker in the territory within which the depositary or depositaries of any public fund must, under the applicable laws of this state, be located to become […]
Section 110.050 – Liability of depositaries.
Effective – 28 Aug 1939 110.050. Liability of depositaries. — No bank or trust company wherein any deposits of private or public moneys shall be made shall become obligated or liable on account thereof except for the safekeeping thereof and for the payment of the amount thereof with interest thereon, if any, which said depositary […]
Section 110.060 – Banks to provide security for certain deposits, when.
Effective – 28 Aug 1953 110.060. Banks to provide security for certain deposits, when. — All banks and trust companies and other banking institutions now or hereafter engaged in business in this state shall be and they are hereby likewise authorized with respect to funds of the United States government or of any agency or […]
Section 110.070 – Bids for depositaries — publication of notice.
Effective – 28 Aug 2004 110.070. Bids for depositaries — publication of notice. — 1. Subject to the provisions of section 110.030, all boards of managers, curators, trustees or other persons by whatever name called, who have the management of any state institution, that have the use or custody of any funds, on or before […]
Section 110.080 – Bids for depositaries — disclosure of bids a misdemeanor.
Effective – 28 Aug 2018, 2 histories 110.080. Bids for depositaries — disclosure of bids a misdemeanor. — 1. Any banking corporation, association or trust company in the city desiring to bid shall deliver to the secretary of the board on or before twelve o’clock noon on the day of the meeting at which the […]
Section 110.090 – Selection of depositary — computation of interest — rejected bids.
Effective – 28 Aug 1959 110.090. Selection of depositary — computation of interest — rejected bids. — 1. At twelve o’clock noon on the day named for the selection of the depositary, the board shall publicly open the bids and cause each bid to be entered upon the records of the board, and shall select […]