Missouri Revised Statutes
Chapter 110 - Depositaries for Public Funds
Section 110.130 - Depositaries of county funds — how selected.

Effective - 28 Aug 2007, 2 histories
110.130. Depositaries of county funds — how selected. — 1. Subject to the provisions of section 110.030 the county commission of each county in this state on or before the first Monday of* July for* the year in which a bid is requested and every fourth year thereafter, with an option to rebid in each odd-numbered year, shall receive proposals from banking corporations or associations at the county seat of the county which desire to be selected as the depositaries of the funds of the county.
2. Notice that such bids will be received shall be published by the clerk of the commission twenty days before the commencement of the term in some newspaper published in the county, and if no newspaper is published therein, then the notice shall be published at the door of the courthouse of the county. In counties operating under the township organization law of this state, township boards shall exercise the same powers and privileges with reference to township funds as are conferred in sections 110.130 to 110.260 upon county commissions with reference to county funds at the same time and manner, except that township funds shall not be divided but let as an entirety; and except, also, that in all cases of the letting of township funds, three notices, posted in three public places by the township clerk, will be a sufficient notice of such letting.
­­--------
(RSMo 1939 § 13846, A.L. 1955 p. 734, A.L. 1959 S.B. 77, A.L. 1965 p. 236, A.L. 1996 H.B. 1469 merged with S.B. 914, A.L. 2005 S.B. 210, A.L. 2007 S.B. 22 merged with S.B. 497)
Prior revisions: 1929 § 12184; 1919 § 9582; 1909 § 3803
*Word "in" appears here in original rolls of S.B. 22, 2007.
CROSS REFERENCE:
County collector to make daily deposits, 52.360

Structure Missouri Revised Statutes

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 110.170 - Transferring funds to depositary — liability of collector-treasurer and depositary — duties of township trustees.

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.

Section 110.270 - Counties may place money not needed for current operations outright or by repurchase agreement, requirement.