Missouri § 182.800 - Free libraries — funds, investment of.
Full text of Missouri Revised Statutes of Missouri § 182.800 — Free libraries — funds, investment of., with citation guidance and answers to common questions.
§ 182.800. Free libraries — funds, investment of.
The governing board of any free library district may invest funds of the district. The board may invest the funds in either open time deposits for ninety days or certificates of deposit in a depositary selected by the board, if the depositary has deposited securities under the provisions of sections 110.010 and 110.020; or in bonds, redeemable at maturity at par, of the state of Missouri, of the United States, or of any wholly owned corporation of the United States; or in other short term obligations of the United States. No open time deposits shall be made or bonds purchased to mature beyond the date that the funds are needed for the purpose for which they were received by the district. Interest accruing from the investment of funds in such deposits or bonds shall be credited to the library district fund from which the money was invested.
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(L. 1971 H.B. 104 § 1)
---- end of effective 28 Aug 1971 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 182.800
What does Revised Statutes of Missouri § 182.800 cover?
Section 182.800 ("Free libraries — funds, investment of.") 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 § 182.800?
A common citation format is "Revised Statutes of Missouri § 182.800" (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 § 182.800 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.