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2012 Missouri Revised Statutes
TITLE IV EXECUTIVE BRANCH
Chapter 30 State Treasurer
Section 30.962 No gain or profit for trustees or employees.


MO Rev Stat § 30.962 (2012) What's This?

No gain or profit for trustees or employees.

30.962. 1. No trustee or employee of the investment trust shall receive any gain or profit from any funds or transaction of the investment trust.

2. Any trustee, employee or agent of the investment trust accepting any gratuity or compensation for the purpose of influencing such trustee's, employee's or agent's action with respect to the investment or management of the funds of the investment trust shall thereby forfeit the office and in addition thereto be subject to the penalties prescribed for bribery.

(L. 1997 S.B. 449)

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