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Marginalia
Code · Missouri · Chapter 348

348.205. Money not needed may be invested.

64 words·~1 min read·/mo/chapter-348/348-205

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348.205. Money not needed may be invested. — Moneys in the fund, both unobligated and obligated as a reserve, which in the judgment of the authority are not currently needed for payments of defaults of guaranteed loans, may be invested by the state treasurer, and any income therefrom shall be deposited to the credit of the fund.
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(L. 1994 H.B. 1248 & 1048)
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