Missouri § 165.261 Failure to select depositary.

Missouri Statutes

§ 165.261 — Failure to select depositary.

Missouri § 165.261

Title XIEDUCATION AND LIBRARIES

Ch. 165Budget and Current Financing

This text of Missouri § 165.261 (Failure to select depositary.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 165.261 (2026).

Text

If for any reason a selection of depositaries for all the funds and moneys of a seven-director district is not made at the time fixed by sections 165.201 to 165.291 , the board, at any subsequent time, after twenty days' notice, as herein provided, may receive bids and select depositaries for the parts of the funds and moneys of the districts for which no depositary has been selected; and the banking institutions selected shall remain depositaries until the next regular time for the selection of depositaries as provided by section 165.211 , unless the order selecting the depositaries is revoked for the causes specified in sections 165.201 to 165.291 .

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If for any reason a selection of depositaries for all the funds and moneys of a seven-director district is not made at the time fixed by sections 165.201 to 165.291 , the board, at any subsequent time, after twenty days' notice, as herein provided, may receive bids and select depositaries for the parts of the funds and moneys of the districts for which no depositary has been selected; and the banking institutions selected shall remain depositaries until the next regular time for the selection of depositaries as provided by section 165.211 , unless the order selecting the depositaries is revoked for the causes specified in sections 165.201 to 165.291 .