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Code · Missouri · Chapter 206

206.150. Board as trustee may accept and hold property donated — duties.

122 words·~1 min read·/mo/chapter-206/206-150

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206.150. Board as trustee may accept and hold property donated — duties. — Any person desiring to donate property for the benefit of a hospital, constructed or to be constructed under this chapter, may vest title to the property so donated in the board of directors created under this chapter, and the board of directors shall hold and control the property so received and accepted according to the terms of the deed, gift, devise or bequest of the property, and shall be a trustee of the property and shall take title to all property it may acquire in the name of the district and shall control the property for the purposes provided in this chapter.
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(L. 1961 p. 524 § 16)
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