Missouri § 86.313 - Trustees and employees not to have direct interest in investments.
Full text of Missouri Revised Statutes of Missouri § 86.313 — Trustees and employees not to have direct interest in investments., with citation guidance and answers to common questions.
§ 86.313. Trustees and employees not to have direct interest in investments.
Except as herein provided, no trustee and no employee of the board shall have any direct interest in the gains or profits of any investment made by the board of trustees, nor receive any pay or emolument for any services rendered as a trustee or employee. No trustee or employee of the board of trustees shall directly or indirectly in any manner use the assets of the retirement system except to make such current and necessary payments as are authorized by the board of trustees, nor shall any trustee or employee of the board become an endorser or surety or become in any manner an obligor for moneys loaned by or borrowed from the board of trustees.
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(L. 1957 p. 256 § 34, A.L. 2000 H.B. 1808)
Effective 7-01-00
---- end of effective 01 Jul 2000 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 86.313
What does Revised Statutes of Missouri § 86.313 cover?
Section 86.313 ("Trustees and employees not to have direct interest in investments.") 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 § 86.313?
A common citation format is "Revised Statutes of Missouri § 86.313" (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 § 86.313 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.