30.400. Treasurer not to loan money--penalty--attorney general to prosecute. - Missouri Statutes

Treasurer not to loan money--penalty--attorney general to prosecute.

30.400. The making of profit by the state treasurer out ofany moneys in the state treasury belonging to the state, thecustody of which the state treasurer shall be charged with, byloaning, depositing or otherwise using or disposing of the samein any manner whatever, or the removal by the state treasurer,or by his consent, of such moneys, or any part thereof, or anybonds deposited by any bank in compliance with the provisions ofthis chapter, or of United States obligations in which he hasinvested state moneys, out of the vaults of the treasurydepartment in the state capitol, except for the payment ofwarrants legally drawn, or for the purpose of depositing thesame in the bank or banks selected as depositaries under theprovisions of this chapter, or for investing in United Statesobligations as provided by law, or for returning or disposing ofsaid bonds or obligations according to law, shall be deemed afelony, and, on conviction thereof, subject him to punishment byimprisonment in the penitentiary for a term of not less than twoyears, and he shall also be liable under and upon his officialbond for all profits realized from any such unlawful using ofsaid funds; and it shall be the duty of the attorney general toenter and prosecute to final determination all suits for aviolation of any of the provisions of this chapter.

(RSMo 1939 § 13091, A.L. 1945 p. 1977 § 41, A.L. 1957 p. 484)

Prior revisions: 1929 § 11475; 1919 § 13385; 1909 § 11886