Missouri § 87.035 - Trustees may invest fund.
Full text of Missouri Revised Statutes of Missouri § 87.035 — Trustees may invest fund., with citation guidance and answers to common questions.
§ 87.035. Trustees may invest fund.
The said board of trustees shall have power to draw such pension fund from the treasury of such city, village or incorporated town, and may invest such fund, or any part thereof, in the name of the board of trustees of the firemen's pension fund, in interest-bearing bonds of the United States, of the state of Missouri, of any county, township or municipal corporation of the state, or in judgments or tax bills against the city where such pension fund is established, or loan the same on real estate in the city where such pension fund is established, not exceeding in amount in any case two-thirds of the assessed taxpaying valuation of such real estate; and all such securities shall be deposited with the treasurer of said city, village or incorporated town, as ex officio treasurer of said board, and shall be subject to the order of said board.
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(RSMo 1939 § 9504)
Prior revisions: 1929 § 8937; 1919 § 9038; 1909 § 9863
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 87.035
What does Revised Statutes of Missouri § 87.035 cover?
Section 87.035 ("Trustees may invest 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 § 87.035?
A common citation format is "Revised Statutes of Missouri § 87.035" (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 § 87.035 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.