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206 LAWS OF MISSOURI, 1977
such employees and the state which shall provide for the deferral of such amount of
compensation as requested by the employee. Participating employees must authorize
that such deferrals be made from their wages for the purpose of participation in such
program.
2. Notwithstanding any other provision of this code, funds held for the state by the
Missouri public employees deferred compensation commission pursuant to written
deferred compensation agreement between the state and participating employees may
be invested, in such investments as are deemed appropriate by the office of
administration and approved by the commission, including, but not limited to, life
insurance or annunity contracts or mutual funds. It is further provided that all such
insurance, annuities, mutual funds, or other such investment products to be offered
pursuant to this plan shall have been reviewed and selected by the commission based on
a competitive bidding process as established by such specifications and considerations
as are deemed appropriate by the commission. Such investments shall not be construed
to be a prohibited use of the general assets of the state.
3. In no case shall such investment be offered by other than such persons and
companies authorized and duly licensed by the state of Missouri and applicable federal
regulatory agencies to offer such insurance or investment programs in compliance with
all relevant provisions of this code.
Approved June 8, 1977.
[S. B. 357]
PUBLIC OFFICERS AND EMPLOYEES, BONDS AND RECORDS:
Registration of bonds issued by certain political subdivisions by the State
Auditor.
AN ACT to repeal section 108.240, RSMo 1969, relating to the registration of bonds
issued by certain political subdivisions by the state auditor, and to enact in lieu
thereof one new section relating to the same subject.
SECTION
1. Enacting clause.
SECTION
108.240. Bonds to be registered—validity-
defenses.
Be it enacted, by the General Assembly of the State of Missouri, as follows:
Section 1. Enacting clause.—Section 108.240, RSMo 1969, is repealed and one
new section enacted in lieu thereof, to be known as section 108.240, to read as follows:
108.240. Bonds to be registered—validity—defenses.—Before any bond,
hereafter issued by any county, township, city, town, village or school district or special
road district or by virtue of the provisions of chapters 243,245,248, and sections 242.010
to 242.690, RSMo, for any purpose whatever, shall obtain validity or be negotiated, such
bonds shall first be presented to the state auditor, who shall register the same in a book
or books, provided for that purpose, in the same manner as state bonds are now
registered, and who, other provisions of law notwithstanding, shall certify by manual or
facsimile endorsement of such bond that all conditions of the laws have been complied
with in its issue, if that be the case, and also that the conditions of the contract, under
which they were ordered to be issued, have also been complied with and the evidence of
that fact shall be filed and preserved by the auditor. The state auditor may endorse
bonds with his facsimile signature in lieu of manual signature after filing his manual
signature, certified by him under oath, with the secretary of state. Such bonds after
receiving the said certificate of the auditor as herein provided shall thereafter be held in
every action, suit or proceeding in which their validity is, or may be, brought into
question, prima facie, valid and binding obligations, and in every action brought to
enforce collection of such bond, the certificate of such auditor, or a duly certified copy
Object Description
| Title | 1977, Missouri Session Laws, Part I, Regular Session |
| Identifier | index.cpd |
| Collection Name | Missouri Session Laws, 1824-Present |
| Creator | Missouri. General Assembly |
| Subject.LCSH | Agricultural laws and legislation--Missouri; Election law--Missouri; Kirkpatrick, James C. (1905-1997); Law and legislation--Missouri; Libraries--Law and legislation--Missouri; Missouri. Federal Soldiers' Home, St. James; Missouri. Division of Family Services; Missouri. General Assembly; Missouri. National Guard; Missouri. Office of the Governor; Missouri--Appropriations and expenditures; Pesticides--Missouri; Politics and government--Missouri; Presidents--Election; Revenue--Missouri; Speed limits--Law and legislation--Missouri; University of Missouri. Board of Curators; Veterans--Law and legislation--Missouri; Worker’s compensation--Law and legislation--Missouri |
| Subject.Local | Cities and towns--Law and legislation; Committee on Legislative Research; Courts--Missouri; Laws of Missouri; Private legislation; Private relief; Schools--Missouri; Session Laws (Mo.); State Reorganization--Law and legislation--Missouri; |
| Description | Laws of Missouri, 1977, First Regular Session, Part I; covened January 5, 1977 and adjourned June 30, 1977 |
| Date | January 5, 1977 |
| Date.Digital | 2016-04-14 |
| Publisher | Missouri. General Assembly |
| Publisher.Digital | Missouri State Archives |
| Type | Government and political records |
| Format | JPEG2000 |
| Language | eng |
| Coverage | Missouri--Adair County--Kirksville; Missouri--Lafayette County--Higginsville; Missouri--Wright County--Mountain Grove; |
| County |
Adair County (Mo.) Lafayette County (Mo.) Saint Louis County (Mo.) Wright County (Mo.) |
| Source | Missouri State Archives |
| Rights | Copyright is in the public domain. |
| Preferred Citation | Laws of Missouri, (number) General Assembly, (number) and type (Regular, Special, Extra Session), calendar year, page number; State Documents Collections, Missouri State Archives, Jefferson City. |
| Contributing Institution | Missouri State Archives |
| Copy Request | Email: archref@sos.mo.gov |
| Note | Due to electronic file size limitations, Laws of Missouri, 1977 has been electronically separated into five parts. Part I contains the Regular Session. Blank pages have not been digitized. |
Description
| Title | Missouri Session Laws |
| Identifier | LAWS_79th_ Extra_1977_0208.TIF |
| Collection Name | Missouri Session Laws, 1824-present |
| Creator | Missouri. General Assembly |
| Subject.LCSH | Banks and banking--Missouri; Law and legislation--Missouri; Missouri--Appropriations and expenditures; Missouri. General Assembly; Revenue--Missouri; |
| Subject.Local | Laws of Missouri; Session Laws (Mo.) |
| Date.Digital | 2016-01-21 |
| Publisher | Missouri. General Assembly |
| Publisher.Digital | Missouri State Archives |
| Type | Government and political records |
| Format | JPEG2000 |
| Language | eng |
| Coverage | Missouri |
| Source | Missouri State Archives |
| Rights | Copyright is in the public domain. |
| Preferred Citation | Required citation: Laws of Missouri, (number) General Assembly, (number) and (type, Regular, Special, Extra) Session, Calendar Year, page number; State Documents Collections, Missouri State Archives, Jefferson City. |
| Contributing Institution | Missouri State Archives |
| Copy Request | Email: archref@sos.mo.gov |
| Transcript | 206 LAWS OF MISSOURI, 1977 such employees and the state which shall provide for the deferral of such amount of compensation as requested by the employee. Participating employees must authorize that such deferrals be made from their wages for the purpose of participation in such program. 2. Notwithstanding any other provision of this code, funds held for the state by the Missouri public employees deferred compensation commission pursuant to written deferred compensation agreement between the state and participating employees may be invested, in such investments as are deemed appropriate by the office of administration and approved by the commission, including, but not limited to, life insurance or annunity contracts or mutual funds. It is further provided that all such insurance, annuities, mutual funds, or other such investment products to be offered pursuant to this plan shall have been reviewed and selected by the commission based on a competitive bidding process as established by such specifications and considerations as are deemed appropriate by the commission. Such investments shall not be construed to be a prohibited use of the general assets of the state. 3. In no case shall such investment be offered by other than such persons and companies authorized and duly licensed by the state of Missouri and applicable federal regulatory agencies to offer such insurance or investment programs in compliance with all relevant provisions of this code. Approved June 8, 1977. [S. B. 357] PUBLIC OFFICERS AND EMPLOYEES, BONDS AND RECORDS: Registration of bonds issued by certain political subdivisions by the State Auditor. AN ACT to repeal section 108.240, RSMo 1969, relating to the registration of bonds issued by certain political subdivisions by the state auditor, and to enact in lieu thereof one new section relating to the same subject. SECTION 1. Enacting clause. SECTION 108.240. Bonds to be registered—validity- defenses. Be it enacted, by the General Assembly of the State of Missouri, as follows: Section 1. Enacting clause.—Section 108.240, RSMo 1969, is repealed and one new section enacted in lieu thereof, to be known as section 108.240, to read as follows: 108.240. Bonds to be registered—validity—defenses.—Before any bond, hereafter issued by any county, township, city, town, village or school district or special road district or by virtue of the provisions of chapters 243,245,248, and sections 242.010 to 242.690, RSMo, for any purpose whatever, shall obtain validity or be negotiated, such bonds shall first be presented to the state auditor, who shall register the same in a book or books, provided for that purpose, in the same manner as state bonds are now registered, and who, other provisions of law notwithstanding, shall certify by manual or facsimile endorsement of such bond that all conditions of the laws have been complied with in its issue, if that be the case, and also that the conditions of the contract, under which they were ordered to be issued, have also been complied with and the evidence of that fact shall be filed and preserved by the auditor. The state auditor may endorse bonds with his facsimile signature in lieu of manual signature after filing his manual signature, certified by him under oath, with the secretary of state. Such bonds after receiving the said certificate of the auditor as herein provided shall thereafter be held in every action, suit or proceeding in which their validity is, or may be, brought into question, prima facie, valid and binding obligations, and in every action brought to enforce collection of such bond, the certificate of such auditor, or a duly certified copy |
