Mo. Rev. Stat. § 87.040
This is the official text of Mo. Rev. Stat. § 87.040, 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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87.040 Disposition of interest — duties of legislative body of city.
Official statutory text
87.040. Disposition of interest — duties of legislative body of city. — The interest received from the investment of said funds shall be applicable to the payment of pensions under sections 87.010 to 87.105 , and it shall be in the power of the legislative body of any city, village or incorporated town to diminish and adjust the annual rate of one percent from licenses, so that the income from interest, dues from members and licenses shall meet the requirements of the pension list as provided by sections 87.010 to 87.105 .
(RSMo 1939 § 9505) Prior revisions: 1929 § 8938; 1919 § 9039; 1909 § 9864
(RSMo 1939 § 9505) Prior revisions: 1929 § 8938; 1919 § 9039; 1909 § 9864
Status: in_force · Read it on the official government site
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