86.590. Board of trustees authorized to invest funds, how. - Missouri Statutes

Board of trustees authorized to invest funds, how.

86.590. The board of trustees of police and firemen's pensionsystems, established under the provisions of section 86.583, may invest andreinvest the moneys of the system, and may hold, purchase, sell, assign,transfer or dispose of any of the securities and investments in which suchmoneys shall have been invested, as well as the proceeds of suchinvestments and such moneys. The board of trustees of police and firemen'spension systems, established under the provisions of section 86.583, shallinvest the funds of the system as permitted by sections 105.687 to 105.690,RSMo.

(L. 1965 p. 212, A.L. 1969 p. 156, A.L. 1974 S.B. 423, A.L. 1995 H.B. 260 merged with H.B. 416, et al., A.L. 2009 H.B. 593 merged with S.B. 161)

CROSS REFERENCE:

Multinational banks, securities and obligations of, investments in, when, RSMo 409.950