Missouri § 262.262 - State fair trust fund for prizes — disbursement — investment.
Full text of Missouri Revised Statutes of Missouri § 262.262 — State fair trust fund for prizes — disbursement — investment., with citation guidance and answers to common questions.
§ 262.262. State fair trust fund for prizes — disbursement — investment.
1. A special trust fund, to be known as the "State Fair Trust Fund", is established in the state treasury. All moneys received by the state from gifts, grants, legacies or devises for the purpose of providing premiums or prizes to winners of competition at the Missouri state fair in Sedalia, Missouri, shall be deposited in the state treasury to the credit of the trust fund. Moneys in the fund may be appropriated and may be disbursed, on warrants drawn by the director and approved by the commission, only for the purpose for which the moneys were received and for no other purpose. Any balance remaining in the fund at the end of the biennium shall not be transferred and placed to the credit of the general revenue of the state, but instead shall remain in the fund until appropriated and expended, or transferred in the manner authorized by the provisions of this section.
2. Moneys in the state fair trust fund not needed currently for the purposes designated in subsection 1 of this section may be invested by the state treasurer in the manner that other moneys of the state are authorized by law to be invested. All interest, income and returns from moneys of the trust fund shall be deposited in the state treasury to the credit of the trust fund.
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(L. 1979 H.B. 792 § 1, A.L. 1994 S.B. 692)
---- end of effective 28 Aug 1994 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 262.262
What does Revised Statutes of Missouri § 262.262 cover?
Section 262.262 ("State fair trust fund for prizes — disbursement — investment.") 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 § 262.262?
A common citation format is "Revised Statutes of Missouri § 262.262" (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 § 262.262 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.