181.150. Trust fund created, administration. - Missouri Statutes

Trust fund created, administration.

181.150. 1. There is hereby established in the state treasury a fundto be known as the "Wolfner Library Trust Fund". The fund shall consist ofall moneys received from federal grants, contracts, gifts, bequests orother funds contributed to the Wolfner library for the blind and physicallyhandicapped pursuant to subdivision (6) of section 181.021.

2. The state treasurer shall invest moneys in the Wolfner librarytrust fund in the same manner as surplus state funds are invested pursuantto section 30.260, RSMo. All interest which results from the investment ofmoneys in the Wolfner library trust fund shall be credited to the fund.

3. Notwithstanding the provisions of section 33.080, RSMo, to thecontrary, any unexpended balance including interest accrued in the Wolfnerlibrary trust fund shall not be transferred to the general revenue fund ofthe state treasury at the end of the biennium.

4. The Wolfner library trust fund shall, upon appropriation, be usedfor the purposes established pursuant to subdivision (9) of section181.021.

(L. 1997 H.B. 438 merged with S.B. 242)

CROSS REFERENCE:

Transfer of trust fund to Missouri investment trust, reconveyance to state treasurer, when, RSMo 30.954