172.651. Proceeds of matured bonds to be reinvested.
Proceeds of matured bonds to be reinvested.
172.651. Whenever any bond or securities which are held inthe seminary fund shall mature, the state treasurer, upon orderof the board of curators of the state university, shall presentthe same for payment, and shall hold the proceeds thereof as partof the seminary fund, and such proceeds shall be immediatelyreinvested as in sections 172.610 to 172.720 provided.
(L. 1951 p. 472 § 5)