Missouri Revised Statutes
Chapter 182
County and City Libraries--Libraries Generally
←182.721
Section 182.723.1
182.800→
August 28, 2015
Personal property, funds and obligations of nine-director urban school districts used for public library purposes to be transferred to urban public district.
182.723. Upon the effective date of creation of an urban public library
district any and all outstanding obligations of a nine-director urban school
district incurred for public library purposes shall become the obligations of
the corresponding urban public library district; all funds of such
nine-director urban school district collected and held for public library
purposes shall be transferred to and vested in the urban public library
district; and all personal property held by such nine-director urban school
district and used for public library purposes shall be transferred to and
vested in the urban public library district. Any money borrowed and bonds
issued for the purpose of purchasing sites for public library buildings or
erecting, remodeling, or furnishing library buildings or any combination
thereof shall be deemed obligations incurred for public library purposes.
(L. 1988 S.B. 681)
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