Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Missouri · Chapter 96

96.192. Investment of hospital funds, limitations.

135 words·~1 min read·/mo/chapter-96/96-192

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

96.192. Investment of hospital funds, limitations. — 1. The board of trustees of any hospital authorized under subsection 2 of this section, and established and organized under the provisions of sections 96.150 to 96.229 , may invest up to twenty-five percent of the hospital's funds not required for immediate disbursement in obligations or for the operation of the hospital in any United States investment grade fixed income funds or any diversified stock funds, or both.
2. The provisions of this section shall only apply if the hospital:
(1)Receives less than one percent of its annual revenues from municipal, county, or state taxes; and
(2)Receives less than one percent of its annual revenue from appropriated funds from the municipality in which such hospital is located.
­­--------
(L. 2016 S.B. 635 merged with S.B. 988)
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.