☰ Revisor of Missouri

Title VIII PUBLIC OFFICERS AND EMPLOYEES, BONDS AND RECORDS

Chapter 103

< > Effective - 28 Aug 1992 bottom

  103.067.  Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties. — 1.  No trustee or employee of the plan shall receive any gain or profit from any funds or transaction of the plan, except benefits common to all members, if entitled thereto.

  2.  Any trustee or employee accepting any gratuity or compensation for the purpose of influencing his action with respect to the investment of the funds of the plan shall thereby forfeit his office and in addition thereto be subject to the penalties prescribed by law.

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(L. 1992 H.B. 1574 § 1 subsecs. 28, 29)


---- end of effective  28 Aug 1992 ----

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