Missouri § 110.080 - Bids for depositaries — disclosure of bids a misdemeanor.
Full text of Missouri Revised Statutes of Missouri § 110.080 — Bids for depositaries — disclosure of bids a misdemeanor., with citation guidance and answers to common questions.
§ 110.080. Bids for depositaries — disclosure of bids a misdemeanor.
1. Any banking corporation, association or trust company in the city desiring to bid shall deliver to the secretary of the board on or before twelve o'clock noon on the day of the meeting at which the depositary is to be selected a sealed bid stating the rate of interest that it offers to pay on the funds and moneys of the institution for the term of up to four years next ensuing the date of the bid.
2. It is a misdemeanor for the secretary of the board to directly or indirectly disclose the amount of any bid before the selection of the depositary or depositaries.
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(RSMo 1939 § 9374, A.L. 1959 S.B. 77, A.L. 2004 S.B. 1320, A.L. 2018 H.B. 1879 merged with S.B. 769)
Prior revisions: 1929 § 8677; 1919 § 12320
---- end of effective 28 Aug 2018 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 110.080
What does Revised Statutes of Missouri § 110.080 cover?
Section 110.080 ("Bids for depositaries — disclosure of bids a misdemeanor.") 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 § 110.080?
A common citation format is "Revised Statutes of Missouri § 110.080" (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 § 110.080 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.