169.640. Bank deposits of system, how secured.
Bank deposits of system, how secured.
169.640. Any funds belonging to this retirement system whichare deposited in any bank or trust company shall be secured bythe deposit of securities of the kind and value required bysection 30.270, RSMo, as security for the safekeeping and paymentof deposits made by the board.
(L. 1965 p. 298 § 5)