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Current as of January 01, 2025 | Updated by Findlaw Staff
The moneys received by the state from the sale of surplus property shall be deposited in the state treasury to the credit of the “Missouri State Surplus Property Clearing Fund”, hereby created. The account shall be administered by the commissioner of administration. When appropriated the funds in the surplus property clearing account shall be used for the purpose of paying the costs of conducting surplus property sales. The commissioner of administration shall distribute all funds received in excess of the costs of the sale to the fund which purchased the item sold.
Cite this article: FindLaw.com - Missouri Revised Statutes Title IV. Executive Branch § 37.090. Deposit of funds received from sale of surplus property--administration and use of funds - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-iv-executive-branch/mo-rev-st-37-090/
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