Missouri § 103.067 - Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties.
Full text of Missouri Revised Statutes of Missouri § 103.067 — Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties., with citation guidance and answers to common questions.
§ 103.067. Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties.
1. No trustee or employee of the plan shall receive any gain or profit from any funds or transaction of the plan, except benefits common to all members, if entitled thereto.
2. Any trustee or employee accepting any gratuity or compensation for the purpose of influencing his action with respect to the investment of the funds of the plan shall thereby forfeit his office and in addition thereto be subject to the penalties prescribed by law.
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(L. 1992 H.B. 1574 § 1 subsecs. 28, 29)
---- end of effective 28 Aug 1992 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 103.067
What does Revised Statutes of Missouri § 103.067 cover?
Section 103.067 ("Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 103.067?
A common citation format is "Revised Statutes of Missouri § 103.067" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 103.067 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.