198.340. Board as trustee may accept and hold property donated--duties. - Missouri Statutes

Board as trustee may accept and hold property donated--duties.

198.340. Any person desiring to donate property for thebenefit of a nursing home, constructed or to be constructed undersections 198.200 to 198.350, may vest title to the property sodonated in the board of directors created under sections 198.200to 198.350, and the board of directors shall hold and control theproperty so received and accepted according to the terms of thedeed, gift, devise or bequest of the property, and shall be atrustee of the property, and shall take title to all property itmay acquire in the name of the district and shall control theproperty for the purposes provided in sections 198.200 to198.350.

(L. 1963 p. 368 § 16)