Missouri § 285.1005 - Board established, members, terms, expenses, quorum.

Full text of Missouri Revised Statutes of Missouri § 285.1005 — Board established, members, terms, expenses, quorum., with citation guidance and answers to common questions.

§ 285.1005. Board established, members, terms, expenses, quorum.

1.  The "Show-Me MyRetirement Savings Board" is hereby established in the office of the state treasurer.

2.  The board shall consist of the following members, with the state treasurer, or his or her designee, serving as chair:

(1)  The state treasurer, or his or her designee;

(2)  An individual who has skill, knowledge, and experience in the field of retirement savings and investments, to be appointed by the governor with the advice and consent of the senate;

(3)  An individual who has skill, knowledge, and experience relating to small business, to be appointed by the governor with the advice and consent of the senate;

(4)  Three members of the house of representatives, to be appointed by the speaker of the house of representatives, to include one representative from the minority party; and

(5)  Three members of the senate, to be appointed by the president pro tempore of the senate, to include one senator from the minority party.

3.  The governor, the president pro tempore of the senate, and the speaker of the house of representatives shall make the respective initial appointments to the board for terms of office beginning on January 1, 2024.

4.  Members of the board appointed by the governor, the president pro tempore of the senate, and the speaker of the house of representatives shall serve at the pleasure of the appointing authority.

5.  The term of office of each member of the board shall be four years.  Any member is eligible to be reappointed.  If there is a vacancy for any reason, the appropriate appointing authority shall make an appointment, to become immediately effective, for the unexpired term.

6.  All members of the board shall serve without compensation and shall be reimbursed from the administrative fund for necessary travel expenses incurred in carrying out the duties of the board.

7.  A majority of the voting members of the board shall constitute a quorum for the transaction of business.

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(L. 2023 S.B. 20 merged with S.B. 75)

---- end of effective  28 Aug 2023 ----

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Source: official Missouri text · Last verified 2026-08-27

Frequently Asked Questions About Missouri § 285.1005

What does Revised Statutes of Missouri § 285.1005 cover?

Section 285.1005 ("Board established, members, terms, expenses, quorum.") 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 § 285.1005?

A common citation format is "Revised Statutes of Missouri § 285.1005" (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 § 285.1005 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.