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Mo. Rev. Stat. § 348.205

Money not needed may be invested

Known as the Missouri Agricultural and Small Business Development Loan Act

The act spans §§ 348–348 (100 sections).

Effective: 28 Aug 1994; (L. 1994 H.B. 1248 & 1048)

Moneys in the fund, both unobligated and obligated as a reserve, which in the judgment of the authority are not currently needed for payments of defaults of guaranteed loans, may be invested by the state treasurer, and any income therefrom shall be deposited to the credit of the fund.

Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.