165.251. Additional security may be required. - Missouri Statutes

Additional security may be required.

165.251. If the board of a seven-director district at any timedeems it necessary for the protection of the school district, byresolution it may require a depositary to deposit additionalsecurity, and upon failure to do so within five days after theservice of a copy of the resolution upon the depositary the boardmay proceed to select another depositary in its place in themanner provided herein.

(L. 1963 p. 200 § 6-25)

(Source: RSMo 1959 § 165.433)