Mo. Rev. Stat. § 103.067
This is the official text of Mo. Rev. Stat. § 103.067, part of Missouri’s Rev. Stat — part of the compiled statutory law of Missouri, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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103.067 Trustees and employees not to profit from plan transactions — acceptance of ...
Official statutory text
103.067. Trustees and employees not to profit from plan transactions — acceptance of gratuity or compensation to influence investment, penalties. — 1. No trustee or employee of the plan shall receive any gain or profit from any funds or transaction of the plan, except benefits common to all members, if entitled thereto.
2. Any trustee or employee accepting any gratuity or compensation for the purpose of influencing his action with respect to the investment of the funds of the plan shall thereby forfeit his office and in addition thereto be subject to the penalties prescribed by law.
(L. 1992 H.B. 1574 § 1 subsecs. 28, 29)
2. Any trustee or employee accepting any gratuity or compensation for the purpose of influencing his action with respect to the investment of the funds of the plan shall thereby forfeit his office and in addition thereto be subject to the penalties prescribed by law.
(L. 1992 H.B. 1574 § 1 subsecs. 28, 29)
Status: in_force · Read it on the official government site
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