30.767. Expiration of state treasurer's power to invest in linked deposit--exceptions. - Missouri Statutes

Expiration of state treasurer's power to invest in linkeddeposit--exceptions.

30.767. The state treasurer shall not, after December 31, 2015,invest in any linked deposit the value of which is to be lent to arecipient other than an eligible water supply system or an eligible studentborrower. The state treasurer shall not, after January 1, 2020, invest inany linked deposit, the value of which is to be lent to any new eligiblefacility borrower. However, such restriction shall not apply to anyextensions of existing loans as provided for in section 30.860.

(L. 1986 H.B. 1107 § B, A.L. 1988 H.B. 1260, A.L. 1989 S.B. 444, A.L. 1991 H.B. 51, et al., A.L. 1993 H.B. 566, A.L. 1994 H.B. 1248 & 1048, A.L. 1997 H.B. 557, A.L. 2005 S.B. 270)

Effective 5-13-05