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 in section 110.010 shall be applicable only if and when, at the time of said advertisement and award, it shall be lawful for banking institutions to pay interest upon demand deposits, in which event such applicable statutory provisions shall be complied with; but if, at the time of the advertisement for bids or the receipt of bids or the award of funds, it shall be unlawful for depositary banks and trust companies to pay interest upon such demand deposits, the award or awards of such funds shall be made in each case, without bids and without requiring the payment of any bonus or interest, by the authority or authorities which are by statute empowered to make the awards of such funds upon bids.
--------
(RSMo 1939 § 8185)
Structure Missouri Revised Statutes
Title VIII - Public Officers and Employees, Bonds and Records
Chapter 110 - Depositaries for Public Funds
Section 110.010 - Deposits of public funds to be secured.
Section 110.020 - Securities deposited, amount of.
Section 110.030 - Advertisement for bids unnecessary, when.
Section 110.040 - Depositary outside of territorial limits legal, when.
Section 110.050 - Liability of depositaries.
Section 110.060 - Banks to provide security for certain deposits, when.
Section 110.070 - Bids for depositaries — publication of notice.
Section 110.080 - Bids for depositaries — disclosure of bids a misdemeanor.
Section 110.090 - Selection of depositary — computation of interest — rejected bids.
Section 110.110 - Duty of treasurer.
Section 110.130 - Depositaries of county funds — how selected.
Section 110.140 - Procedure for bidders — disclosure of bids a misdemeanor.
Section 110.150 - Public opening of bids — computation and payment of interest — rejected bids.
Section 110.180 - Duty of county commission when no bids submitted.
Section 110.190 - Duty of county commission when funds are deposited with two or more banks.
Section 110.200 - County commission may readvertise and relet.
Section 110.210 - Failure to select depositary.
Section 110.230 - Duplicate monthly statements by depositaries.
Section 110.240 - Warrants — checks.
Section 110.250 - Depositary to provide additional security, when.
Section 110.260 - County treasurer exempt from liability, when.