Mo. Rev. Stat. § 96.192
This is the official text of Mo. Rev. Stat. § 96.192, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
96.192 Investment of hospital funds, limitations.
Official statutory text
96.192. Investment of hospital funds, limitations. — 1. The board of trustees of any hospital authorized under subsection 2 of this section, and established and organized under the provisions of sections 96.150 to 96.229 , may invest up to twenty-five percent of the hospital's funds not required for immediate disbursement in obligations or for the operation of the hospital in any United States investment grade fixed income funds or any diversified stock funds, or both.
2. The provisions of this section shall only apply if the hospital:
(1) Receives less than one percent of its annual revenues from municipal, county, or state taxes; and
(2) Receives less than one percent of its annual revenue from appropriated funds from the municipality in which such hospital is located.
(L. 2016 S.B. 635 merged with S.B. 988)
2. The provisions of this section shall only apply if the hospital:
(1) Receives less than one percent of its annual revenues from municipal, county, or state taxes; and
(2) Receives less than one percent of its annual revenue from appropriated funds from the municipality in which such hospital is located.
(L. 2016 S.B. 635 merged with S.B. 988)
Status: in_force · Read it on the official government site
Need a lawyer in Missouri?
Find a Missouri lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.