Board may invest in real estate

§ 70.747 RSMo — under Powers of Political Subdivisions to Cooperate or Contract with Governmental Units.

§ 70.747 RSMo

70.747. Board may invest in real estate. — Notwithstanding any other provision of law to the contrary, the board shall have full power to invest and reinvest the funds and moneys of the system in improved real estate, including collective real estate funds and real estate investment trusts, wherever situated.

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(L. 1984 H.B. 874, A.L. 2025 H.B. 147 merged with S.B. 71)