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Section 198.340 Board as trustee may accept and hold property donated — duties.

MO Rev Stat § 198.340 (2019) (N/A)
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Effective 28 Aug 1963

198.340. Board as trustee may accept and hold property donated — duties. — Any person desiring to donate property for the benefit of a nursing home, constructed or to be constructed under sections 198.200 to 198.350, may vest title to the property so donated in the board of directors created under sections 198.200 to 198.350, and the board of directors shall hold and control the property so received and accepted according to the terms of the deed, gift, devise or bequest of the property, and shall be a trustee of the property, and shall take title to all property it may acquire in the name of the district and shall control the property for the purposes provided in sections 198.200 to 198.350.

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(L. 1963 p. 368 § 16)

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Section 198.340 Board as trustee may accept and hold property donated — duties.