166.517. Assets used for program purposes only.
58 words·~1 min read·
/mo/chapter-166/166-517A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
166.517. Assets used for program purposes only. — The assets of the deposit program shall at all times be preserved, invested, and expended only for the purposes set forth in this section and in accordance with the participation agreements, and no property rights therein shall exist in favor of the state.
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(L. 2004 H.B. 959 § 166.540)