Missouri Revised Statutes
Chapter 165 - Budget and Current Financing
Section 165.201 - Selection of depositaries in seven-director districts without advertising for bids — deposit to be secured.

Effective - 28 Aug 1963
165.201. Selection of depositaries in seven-director districts without advertising for bids — deposit to be secured. — If at the time bids should be received or the selection of depositaries should be made in seven-director districts in accordance with the provisions of sections 165.211 to 165.291, it is unlawful for banking institutions to pay interest upon demand deposits, or if there is not a sufficient number of bids submitted, the board may name depositaries of all or any part, not less than one-sixteenth part thereof, of its funds, without advertising for bids and without requiring the payment of any interest. Each depositary selected within ten days after its selection in accordance with the provisions of this section shall deposit securities required for the deposit of school funds as provided in sections 110.010 and 110.020.
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(L. 1963 p. 200 § 6-20)
(Source: RSMo 1959 § 165.427)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XI - Education and Libraries

Chapter 165 - Budget and Current Financing

Section 165.011 - Tuition — accounting of school moneys, funds — uses — transfers to and from incidental fund, when — transfers to debt service fund, when — one-time transfer for Carthage School district — deduction for unlawful transfers — transfer...

Section 165.012 - School district financial reporting requirements to the department — information to be available on department's website.

Section 165.021 - Disbursal of school moneys — checks, form of — checks not to issue in excess of revenue.

Section 165.031 - Lost or destroyed check, duplicate to issue, when.

Section 165.051 - Investment of surplus funds.

Section 165.061 - Treasurer, duties of.