Missouri § 165.221 - Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid.
Full text of Missouri Revised Statutes of Missouri § 165.221 — Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid., with citation guidance and answers to common questions.
§ 165.221. Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid.
For the purpose of letting the funds the board shall divide the funds into not less than two nor more than ten equal parts. Each bidder may bid for any number of the parts, but the bid for each part shall be separate. Any banking institution in the county or in an adjoining county desiring to bid shall deliver to the secretary of the board, on or before the date selected for the acceptance of bids, a sealed bid, stating the rate of interest, or method by which the interest will be determined, that the banking institution offers to pay on one part of the funds and moneys of the school district for the term of one to five years, as the case may be, next ensuing the date of the bid; or if the selection is made for a less term as provided in sections 165.201 to 165.291, then for the time between the date of the bid and the next regular time for the selection of depositaries, as fixed by section 165.211. It is a misdemeanor for the secretary of the board to directly or indirectly disclose the amount of any bid before all bids are opened at a public depositary bid opening.
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(L. 1963 p. 200 § 6-22, A.L. 1980 S.B. 733, A.L. 1992 S.B. 581, A.L. 1998 H.B. 955, A.L. 2018 H.B. 1879 merged with S.B. 769)
(Source: RSMo 1959 § 165.420)
---- end of effective 28 Aug 2018 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 165.221
What does Revised Statutes of Missouri § 165.221 cover?
Section 165.221 ("Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid.") 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 § 165.221?
A common citation format is "Revised Statutes of Missouri § 165.221" (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 § 165.221 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.