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2011 Missouri Revised Statutes
TITLE XXIII CORPORATIONS, ASSOCIATIONS AND PARTNERSHIPS
Chapter 348 Development--Small Businesses
Section 348.205. Money not needed may be invested.


MO Rev Stat § 348.205. What's This?

Money not needed may be invested.

348.205. 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.

(L. 1994 H.B. 1248 & 1048)

Annotation Copyright Missouri Joint Committee on Legislative Research

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