Missouri Laws 253.402 – Purpose of fund — administration
Terms Used In Missouri Laws 253.402
- Bequest: Property gifted by will.
- Department: the department of natural resources. See Missouri Laws 253.010
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Property: includes real and personal property. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
For the purpose of protecting and preserving the historic properties of this state, there is hereby created a “Historic Preservation Revolving Fund” to be administered by the department of natural resources. All expenses incurred in the acquisition of and all revenues received from the disposition of property as provided in sections 253.400 to 253.407 shall be paid for out of and deposited in the historic preservation revolving fund. Any moneys appropriated and any other moneys made available by gift, grant, bequest, contribution or otherwise to the department to carry out the purpose of sections 253.400 to 253.407, and all interest earned on, and income generated from, moneys in the fund shall be paid to, and deposited in, the historic preservation revolving fund.