Effective - 28 Aug 1959
110.110. Duty of treasurer. — The treasurer of the board of managers, by whatever name called, of the institution, after the selection of the depositaries and the approval of their security, immediately upon the receipt of any money thereafter shall deposit the same with the depositary to the credit of the institution, and the treasurer shall, as near as may be, maintain with the depositary selected its due and proper share of the total of the funds let; and for any failure of the treasurer to make transfer of the funds or to deposit all of the funds with the depositary, he shall be liable to the depositary for ten percent per month upon the part of the funds not deposited, to be recovered by civil action.
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(RSMo 1939 § 9377, A.L. 1959 S.B. 77)
Prior revisions: 1929 § 8680; 1919 § 12323
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.