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Current as of January 01, 2025 | Updated by Findlaw Staff
The proceeds of all certificates of indebtedness due the state school fund, and all moneys, bonds, lands, and other property belonging to or donated to any state fund for public school purposes, and the net proceeds of all sales of lands and other property and effects that may accrue to the state by escheat, shall be paid into the state treasury, and securely invested under the supervision of the state board of education, and sacredly preserved as a public school fund the annual income of which shall be faithfully appropriated for establishing and maintaining free public schools, and for no other uses or purposes whatsoever.
Cite this article: FindLaw.com - Missouri Constitution of 1945 Art. IX, § 5. Public school fund--sources--payment into state treasury--investment--limitation on use of income - last updated January 01, 2025 | https://codes.findlaw.com/mo/missouri-constitution-of-1945/mo-const-art-9-sect-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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