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Current as of January 01, 2025 | Updated by Findlaw Staff
The making of profit, directly or indirectly, by any officer of any district organized under this chapter, or by any other public officer within the state, out of any contracts entered into by the district, or the use of any money belonging to a district by loaning it or otherwise using it, or by depositing the same in any manner, contrary to law, or by removal of any money by any officer or by his consent and placing it elsewhere than is prescribed either by law or by the official acts of the board of trustees, for the purpose of profit, constitutes a felony, punishable by imprisonment for a term not exceeding two years, or a fine not exceeding five thousand dollars, or both fine and imprisonment; and the officer offending shall be liable personally and upon his official bond for all losses to the district and for all profits realized by such unlawful use of moneys.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XVI. Conservation, Resources and Development § 257.430. Profiting by officer from district contracts or moneys, penalty--liability - last updated January 01, 2025 | https://codes.findlaw.com/mo/title-xvi-conservation-resources-and-development/mo-rev-st-257-430/
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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