105.905. Deferred payment agreements authorized--funds, how invested.
Deferred payment agreements authorized--funds, how invested.
105.905. Notwithstanding any law to the contrary, the stateof Missouri, or any city, county, or other political subdivisionshall be authorized to enter into a written contract with any oftheir employees to defer, in whole or in part, any part of theirgross compensation and invest said funds in any such manner asprescribed by the deferred compensation program of the state, orits cities, counties, or other political subdivisions and aspermitted under subsequent provisions of sections 105.900 to105.925.
(L. 1974 H.B. 1112 § 2, A.L. 1977 H.B. 482)