37.080. Fees for expenses of distributing surplus property — use — commissioner to give bond.
187 words·~1 min read·
/mo/chapter-37/37-080A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
37.080. Fees for expenses of distributing surplus property — use — commissioner to give bond. — 1. The state agency for surplus property may charge fees in an amount necessary for the reimbursement of freight, handling, warehousing, transferring, and accounting for surplus property handled by it. Moneys so collected shall be used for the operation and maintenance of the state agency for surplus property and for no other purpose. Any moneys found by the agency to be in excess of the costs incurred may be refunded within the fiscal period to the parties from whom the moneys were received.
2. The commissioner of the office of administration shall receive and keep all moneys collected under this section and shall disburse them under the direction of the state agency for surplus property in accordance with this law. He shall give a bond in an amount fixed and approved by the office of administration for the safekeeping and faithful administration of the funds. The premium of the bond shall be paid from funds received under this law.
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(L. 1963 p. 200 § 2-20)
(Source: RSMo 1959 § 160.175)