Assets not state property

§ 166.440 RSMo — under Permanent Funds and Trusts.

§ 166.440 RSMo

166.440. Assets not state property. — The assets of the program shall at all times be preserved, invested and expended only for the purposes set forth in this section and in accordance with the participation agreements, and no property rights therein shall exist in favor of the state.

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(L. 1998 H.B. 1694, A.L. 2021 H.B. 297)