Section 109.005 State document preservation fund established, purpose — state treasurer duty to invest

Section 109.005 State document preservation fund established, purpose — state treasurer duty to invest — unexpended balance, lapse prohibited.

MO Rev Stat § 109.005 (2019) (N/A)

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Effective 28 Aug 1996

109.005. State document preservation fund established, purpose — state treasurer duty to invest — unexpended balance, lapse prohibited. — 1. There is hereby established in the state treasury a special fund to be known as the "State Document Preservation Fund". The fund shall consist of all moneys received from gifts, bequests, or contributions for the specific purpose of preserving legal, historical and genealogical materials and making them available to the public.

2. The state treasurer shall invest moneys in the state document preservation fund in the same manner as surplus state funds are invested pursuant to section 30.260. All earnings which result from the investment of moneys in the state document preservation fund shall be credited to the fund.

3. Any unexpended balance in the state document preservation fund at the end of any appropriation period shall not be transferred to the general revenue fund of the state treasury and, accordingly, shall be exempt from the provisions of section 33.080 relating to the transfer of funds to the general revenue fund of the state treasury.

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(L. 1996 S.B. 670 § 109.005 subsecs. 1, 2, 3)

CROSS REFERENCE:

Proceeds of sales of materials by director to be placed in document preservation fund, when, 109.265

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Section 109.007 Document preservation fund, duties of archives division to preserve legal, historical and genealogical documents — annual report.