Missouri § 313.720 - Missouri breeders fund, created — administration — costs — audit — rules — fund not to lapse into general revenue fund.
Full text of Missouri Revised Statutes of Missouri § 313.720 — Missouri breeders fund, created — administration — costs — audit — rules — fund not to lapse into general revenue fund., with citation guidance and answers to common questions.
§ 313.720. Missouri breeders fund, created — administration — costs — audit — rules — fund not to lapse into general revenue fund.
1. There is hereby created a "Missouri Breeders Fund", which shall not represent revenue collected and moneys received by the state.
2. The fund shall consist of those funds set aside for breeder incentives as provided in section 313.710, such registration fees for the owners and breeders of Missouri bred horses as the commission may provide by rule, such gifts, or bequests as the fund may from time to time receive and such funds as the general assembly may provide. Any gift or bequest shall be credited to such account as the donor or devisee may provide. If no specific account is provided by the donor or designee, such gift or bequest shall be divided equally among the three accounts.
3. The Missouri breeders fund shall be administered by the commission, with the advice and assistance of advisory committees designated for that purpose by the rules of the commission. The commission shall, at least biennially, carry out such audits as provided by rule. The costs of administration shall be borne by the fund. The commission shall have authority to promulgate such rules as may be necessary or desirable for the efficient operation of the Missouri breeders fund and to provide incentives for breeders and owners of Missouri bred horses.
4. The Missouri breeders fund shall not lapse and the interest earned on such fund shall be credited to the fund. The provisions of section 33.080 to the contrary notwithstanding, funds in the Missouri breeders fund shall not be transferred and placed to the credit of the general revenue fund at the end of each biennium.
--------
(L. 1987 S.B. 384, A.L. 1995 H.B. 574)
---- end of effective 28 Aug 1995 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 313.720
What does Revised Statutes of Missouri § 313.720 cover?
Section 313.720 ("Missouri breeders fund, created — administration — costs — audit — rules — fund not to lapse into general revenue fund.") 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 § 313.720?
A common citation format is "Revised Statutes of Missouri § 313.720" (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 § 313.720 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.