State Codes and Statutes
Statutes > Missouri > T11 > C185 > 185_100Missouri arts council trust fund created--board of trusteescreated--council to support certain activities--funds not to lapseinto general fund.
185.100. 1. There is hereby established a special trust fund, to beknown as the "Missouri Arts Council Trust Fund", which shall consist of allmoneys transferred to the fund by the board of trustees established in thissection, moneys transferred to the fund pursuant to section 143.183, RSMo,and any earnings resulting from the investment of moneys in the fund. Thefund shall be administered by a board of trustees, consisting of the statetreasurer, two members of the senate appointed by the president pro tem ofthe senate, two members of the house of representatives appointed by thespeaker of the house, and the members of the Missouri arts council. Anymember appointed due to such person's membership in the senate, house ofrepresentatives or arts council shall serve only as long as such personholds the office referenced in this section. The state treasurer shallinvest moneys in the fund in a manner as provided by law. Subject toappropriations, moneys in the fund shall be used solely for the promotionof the arts in Missouri and for the administrative costs of the Missouriarts council. The provisions of section 33.080, RSMo, to the contrarynotwithstanding, money in the Missouri arts council trust fund shall not betransferred and placed to the credit of the general revenue fund.
2. The Missouri arts council shall support and maintain activitieswhich demonstrate, exhibit, or celebrate the contributions ofAfrican-Americans and other minorities.
(L. 1993 H.B. 759 & 772 § 6, A.L. 1994 S.B. 477, et al., A.L. 1996 H.B. 1244)CROSS REFERENCE:
Transfer of trust fund to Missouri investment trust, reconveyance to state treasurer, when, RSMo 30.954
