Missouri Revised Statutes
Chapter 165 - Budget and Current Financing
Section 165.281 - Penalty for failure to pay valid check of seven-director district.

Effective - 28 Aug 1977
165.281. Penalty for failure to pay valid check of seven-director district. — For every failure to pay a check drawn or order for payment issued upon a depositary by the treasurer of a seven-director school district, when moneys and funds sufficient for the payment thereof are in the depositary to the credit of the appropriate funds of the school district, the depositary shall forfeit and pay to the holder of the check or the payees of the order for payment ten percent of the amount thereof, and the board may revoke the order designating it as depositary.
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(L. 1963 p. 200 § 6-28, A.L. 1977 S.B. 111 & H.B. 130)
(Source: RSMo 1959 § 165.447)

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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.

Section 165.071 - County collector-treasurer to pay over school district moneys monthly (seven-director districts).

Section 165.081 - County treasurer to pay over state and county school moneys to district treasurer monthly (seven-director districts).

Section 165.091 - School money, how disbursed.

Section 165.101 - Settlements of treasurer of seven-director districts, when due.

Section 165.111 - Financial report published annually, when — state aid not to be paid until report received, penalty — audit summary published, when.

Section 165.121 - Biennial audit of records — state aid withheld, when — publication of summary (seven-director districts).

Section 165.122 - Audits of enrollment and attendance records of school districts, performed by independent auditor, costs.

Section 165.131 - Tax and revenue anticipation notes — form.

Section 165.141 - Execution and certification of notes — registration by county treasurer — record of issuance and payment — cancellation.

Section 165.161 - Disbursements in metropolitan districts, how made.

Section 165.171 - Audits, how provided — removal of appointed auditor.

Section 165.181 - Examination of officers' accounts and vouchers in metropolitan districts — report to mayor.

Section 165.201 - Selection of depositaries in seven-director districts without advertising for bids — deposit to be secured.

Section 165.211 - Depositaries, how selected, when — bids received when — notice to be published.

Section 165.221 - Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid.

Section 165.231 - Opening of bids — interest on deposits.

Section 165.241 - Deposits, how secured — renewal of deposit agreement.

Section 165.251 - Additional security may be required.

Section 165.261 - Failure to select depositary.

Section 165.271 - Transfer of funds to depositaries — payment of bonds — effect of failure of depositary to deposit security.

Section 165.281 - Penalty for failure to pay valid check of seven-director district.

Section 165.291 - Liability of district treasurer.

Section 165.301 - Selection of depositaries in metropolitan districts.