165.251. Additional security may be required. — If the board of a seven-director district at any time deems it necessary for the protection of the school district, by resolution it may require a depositary to deposit additional security, and upon failure to do so within five days after the service of a copy of the resolution upon the depositary the board may proceed to select another depositary in its place in the manner provided herein.
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(L. 1963 p. 200 § 6-25)
(Source: RSMo 1959 § 165.433)
---- end of effective 28 Aug 1963 ----
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