Revisor Home

Title XI EDUCATION AND LIBRARIES

Chapter 165

previous next Effective - 28 Aug 2018, 2 historiesbottom

  165.221.  Bids, how made — to be accompanied by check — penalty for secretary disclosing amount of bid. — For the purpose of letting the funds the board shall divide the funds into not less than two nor more than ten equal parts.  Each bidder may bid for any number of the parts, but the bid for each part shall be separate.  Any banking institution in the county or in an adjoining county desiring to bid shall deliver to the secretary of the board, on or before the date selected for the acceptance of bids, a sealed bid, stating the rate of interest, or method by which the interest will be determined, that the banking institution offers to pay on one part of the funds and moneys of the school district for the term of one to five years, as the case may be, next ensuing the date of the bid; or if the selection is made for a less term as provided in sections 165.201 to 165.291, then for the time between the date of the bid and the next regular time for the selection of depositaries, as fixed by section 165.211.  It is a misdemeanor for the secretary of the board to directly or indirectly disclose the amount of any bid before all bids are opened at a public depositary bid opening.

­­--------

(L. 1963 p. 200 § 6-22, A.L. 1980 S.B. 733, A.L. 1992 S.B. 581, A.L. 1998 H.B. 955, A.L. 2018 H.B. 1879 merged with S.B. 769)

(Source: RSMo 1959 § 165.420)


---- end of effective   28 Aug 2018 ----

use this link to bookmark section  165.221


 - All versions
Effective End
165.221 8/28/2018
165.221 8/28/1998 8/28/2018

In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@10:14:32.7 14