Missouri § 172.320 - Bank depository selection by bid, policies and rules — conflict of interest, rules — employees interest in contracts with university, disclosure required — failure to disclose, effect — curators not to participate in board decisions if conflict of interest.
Full text of Missouri Revised Statutes of Missouri § 172.320 — Bank depository selection by bid, policies and rules — conflict of interest, rules — employees interest in contracts with university, disclosure required — failure to disclose, effect — curators not to participate in board decisions if conflict of interest., with citation guidance and answers to common questions.
§ 172.320. Bank depository selection by bid, policies and rules — conflict of interest, rules — employees interest in contracts with university, disclosure required — failure to disclose, effect — curators not to participate in board decisions if conflict of interest.
1. The curators of the University of Missouri shall adopt policies and rules to require selection of the lowest and best bid when bidding bank depository agreements or when purchasing supplies or other personal property.
2. The curators of the University of Missouri shall promulgate and approve a conflict of interest policy and regulations thereto.
3. Employees of the university may be directly or indirectly interested in a contract with the curators of the University of Missouri if the employee discloses such a direct or indirect interest prior to execution of the contract and the contract would not constitute a conflict of interest as determined by the policy required by subsection 2 of this section. Failure by the employee to disclose such an interest may constitute grounds for discipline of the employee or cancellation of the contract or both.
4. Curators of the university in their individual capacity shall disclose any possible conflict of interest that may arise and shall not participate in any decision of the board as otherwise provided by law.
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(RSMo 1939 § 10811, A.L. 1989 H.B. 493)
Prior revisions: 1929 § 9654; 1919 § 11551; 1909 § 11125
---- end of effective 28 Aug 1989 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 172.320
What does Revised Statutes of Missouri § 172.320 cover?
Section 172.320 ("Bank depository selection by bid, policies and rules — conflict of interest, rules — employees interest in contracts with university, disclosure required — failure to disclose, effect — curators not to participate in board decisions if conflict of interest.") 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 § 172.320?
A common citation format is "Revised Statutes of Missouri § 172.320" (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 § 172.320 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.