Missouri § 87.430 - Funds may be invested.
Full text of Missouri Revised Statutes of Missouri § 87.430 — Funds may be invested., with citation guidance and answers to common questions.
§ 87.430. Funds may be invested.
Said board of trustees shall have power to draw such funds as are credited to the pension fund under the provisions of sections 87.380 to 87.490 from the treasury of such city, and may invest the same, or any part thereof, in the name of the board of trustees of the firemen's pension fund, in interest-bearing bonds of the United States or the state of Missouri, or of any county, township or municipal corporation of the state, or loan the same on real estate in the city where such pension funds are established, not exceeding in amount in any case two-thirds of such real estate. All such securities shall be deposited with the treasurer of such city, as ex officio treasurer of such board.
--------
(RSMo 1939 § 9529)
Prior revisions: 1929 § 8963; 1919 § 9064; 1909 § 9889
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 87.430
What does Revised Statutes of Missouri § 87.430 cover?
Section 87.430 ("Funds may be invested.") 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 § 87.430?
A common citation format is "Revised Statutes of Missouri § 87.430" (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 § 87.430 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.