Missouri § 165.261 - Failure to select depositary.
Full text of Missouri Revised Statutes of Missouri § 165.261 — Failure to select depositary., with citation guidance and answers to common questions.
§ 165.261. Failure to select depositary.
If for any reason a selection of depositaries for all the funds and moneys of a seven-director district is not made at the time fixed by sections 165.201 to 165.291, the board, at any subsequent time, after twenty days' notice, as herein provided, may receive bids and select depositaries for the parts of the funds and moneys of the districts for which no depositary has been selected; and the banking institutions selected shall remain depositaries until the next regular time for the selection of depositaries as provided by section 165.211, unless the order selecting the depositaries is revoked for the causes specified in sections 165.201 to 165.291.
--------
(L. 1963 p. 200 § 6-26)
(Source: RSMo 1959 § 165.437)
---- end of effective 28 Aug 1963 ----
Frequently Asked Questions About Missouri § 165.261
What does Revised Statutes of Missouri § 165.261 cover?
Section 165.261 ("Failure to select depositary.") 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 § 165.261?
A common citation format is "Revised Statutes of Missouri § 165.261" (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 § 165.261 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.