Go to Previous Versions
of
this Section
2025 Missouri Revised Statutes
Title VII - Cities, Towns and Villages
Chapter 86 - Police Relief and Pension Systems
Section 86.310 - Ten percent may be kept in cash — maximum per depository.
Universal Citation:
MO Rev Stat § 86.310 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Title VII CITIES, TOWNS AND VILLAGES
Chapter 86
• Effective - 01 Jul 2000, 2 histories, see footnote86.310. Ten percent may be kept in cash — maximum per depository. — For the purpose of meeting disbursements for benefits and other payments there may be kept available cash not exceeding ten percent of the total assets of the retirement system on deposit in one or more banks or trust companies in said cities, organized under the laws of the state of Missouri, or of the United States; provided, that the amount on deposit in any one bank or trust company shall not exceed twenty-five percent of the paid-up capital and surplus of such bank or trust company.
--------
(L. 1957 p. 256 § 33, A.L. 2000 H.B. 1808)
Effective 7-01-00
Disclaimer: These codes may not be the most recent version. Missouri may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
