Missouri Revised Statutes













Chapter 215

State Housing

←215.062

Section 215.070.1

215.080→

August 28, 2015

Debt service reserve fund--deposits to--investment of.

215.070. The commission may establish a special fund to be known as the

"Debt Service Reserve Fund", and shall pay into such debt service reserve

fund:



(1) Any moneys appropriated and made available by the state for the

purposes of such fund;



(2) Any proceeds from the sale of bonds by the commission, to the extent

provided in the resolution of the commission authorizing the issuance

thereof; and



(3) Any other moneys which may be made available to the commission for

the purpose of such fund from any other source or sources. All moneys held in

the debt service reserve fund shall be invested in accordance with

subdivision (9) of section 215.030 and as the commission may by resolution

determine.



(L. 1969 H.B. 130 § 12, A.L. 1972 H.B. 1259, A.L. 1974

H.B. 1190, A.L. 1975 H.B. 949, A.L. 1985 H.B. 484)







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