Effective – 28 Aug 1963 166.011. Public school fund — source — disposition. — A state public school fund is created which shall consist of all moneys, bonds, lands and other properties belonging to or donated to any state fund for public school purposes and the net proceeds of all sales of lands and other […]
Effective – 28 Aug 2007 166.021. Investment of capital of public school fund — securities deposited with state treasurer. — 1. All funds accruing to the state public school fund, except the interest on the fund, shall be invested by the state board of education in registered bonds of the United States or the state, […]
Effective – 28 Aug 1963 166.031. State treasurer to be custodian of fund — accounts — annual report. — 1. The state treasurer is the custodian of all bonds and securities in which the state public school fund is invested, and also of all moneys belonging to the state public school fund, and he and […]
Effective – 28 Aug 1963 166.041. State board of education to keep account with treasurer — suits to recover money due. — 1. The state board of education shall keep a regular account with the state treasurer and all other persons in relation to the state public school fund. 2. The state board of education […]
Effective – 28 Aug 1963 166.051. School moneys fund — interest from investments credited to. — All interest from the investment belonging to the state public school fund shall be paid into the state treasury and credited to the state school moneys fund, which is hereby created. All other funds for the support of free […]
Effective – 28 Aug 1963 166.061. Gifts to public school fund. — Any person may grant, give or devise to the public school fund of the state any money, property, real or personal, choses in action of every kind and description. The property shall be turned over and delivered to the state director of revenue […]
Effective – 28 Aug 1963 166.071. Receipts for gifts to public school fund. — For any money, property or choses in action delivered to the director of revenue under sections 166.061 to 166.121 he shall give duplicate receipts, one of which shall be filed in the office of the commissioner of administration, who shall charge […]
Effective – 28 Aug 1963 166.081. Instrument of conveyance, when recorded. — A certified copy of the instrument of writing, evidencing the grant, gift or devise, shall also be delivered to the commissioner of administration and duly recorded by him in his office in a book to be kept specially for that purpose, and the […]
Effective – 28 Aug 1963 166.091. Disposition of property granted. — The director of revenue shall, as early as practicable, dispose of the property granted, given or devised, according to the terms specified in the written instrument granting or giving the same to the public school fund. If the property is money, or after the […]
Effective – 28 Aug 1963 166.101. Gift for public education which cannot be executed placed in public school fund on order of circuit court. — In all cases where a grant, devise or bequest or gift has been made by any person for educational purposes, in aid of or connected with the free public school […]
Effective – 28 Aug 1963 166.111. Liability of director of revenue. — The director of revenue and his sureties shall be responsible on his official bond for the safekeeping of the property or money received under sections 166.061 to 166.121 while the property is in his possession and for its disposition in conformity with section […]
Effective – 28 Aug 1963 166.121. State, the trustee. — The state of Missouri is hereby constituted the custodian and trustee under sections 166.061 to 166.121 of all such funds, and pledges itself for the safekeeping, investment and due application of all funds, with the interest thereon, which may be received by the director of […]
