2017 Missouri Revised Statutes
Title IV EXECUTIVE BRANCH
Chapter 37 Office of Administration
Section 37.090 Deposit of funds received from sale of surplus property — administration and use of funds.

Universal Citation: MO Rev Stat § 37.090 (2017)

Effective 28 Aug 1978

Title IV EXECUTIVE BRANCH

Chapter 37

37.090. Deposit of funds received from sale of surplus property — administration and use of funds. — The moneys received by the state from the sale of surplus property shall be deposited in the state treasury to the credit of the "Missouri State Surplus Property Clearing Fund", hereby created. The account shall be administered by the commissioner of administration. When appropriated the funds in the surplus property clearing account shall be used for the purpose of paying the costs of conducting surplus property sales. The commissioner of administration shall distribute all funds received in excess of the costs of the sale to the fund which purchased the item sold.

(L. 1978 H.B. 1550 § 1)

CROSS REFERENCE:

Missouri state surplus property clearing fund abolished subject to exemption, 33.571

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