Mo. Rev. Stat. » Chapter 361
Missouri Revised Statutes

Mo. Rev. Stat. § 361.010 (2026)

Division of finance created

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  361.010.  Division of finance created — location of office — transfer of division. — 1.  There is hereby created a "State Division of Finance", which shall be under the management and control of a chief officer who shall be called the "Director of Finance".

  2.  The director of finance shall maintain his or her office at the City of Jefferson, reside in the state of Missouri, and shall devote all of his or her time to the duties of his or her office.  The division of facilities management, design and construction is hereby required to provide the director of finance and the state division of finance with suitable rooms.

  3.  The division of finance with all of its powers, duties, and functions is assigned by type III transfer under the authority of the Omnibus State Reorganization Act of 1974 and executive order 06-04 to the department of commerce and insurance.  All of the general provisions, definitions, and powers enumerated in section 1 of the Omnibus State Reorganization Act of 1974 and executive order 06-04 shall apply to this department and its divisions, agencies, and personnel.

  4.  Wherever the laws, rules, or regulations of this state make reference to the "division of finance of the department of economic development" or to the "division of finance", such references shall be deemed to refer to the division of finance of the department of commerce and insurance.

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(RSMo 1939 § 7876, A.L. 1967 p. 445, A.L. 1981 S.B. 28, A.L. 1982 S.B. 487 Revision, A.L. 2008 S.B. 788, A.L. 2014 H.B. 1299 Revision)

Prior revisions: 1929 § 5282; 1919 § 11673; 1909 § 1073

Notes of Decisions
Cited in 3 cases, 1966–1979 · leading case: Kostman v. Pine Lawn Bank & Trust Co., 540 S.W.2d 72 (Mo. 1976).
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Kostman v. Pine Lawn Bank & Trust Co., 540 S.W.2d 72 (Mo. 1976). · cites it 2× “The principal opinion holds that the commissioner has no interest in the outcome and cannot be an aggrieved party, but I cannot agree.”
State ex rel. Manchester Bank West Cnty. v. Enright, 584 S.W.2d 416 (Mo. Ct. App. 1979). · cites it 3× “” Section 361.010 RSMo 1969 and RSMo Supp. 1975, Appendix B, § 4.”
State ex rel. Kansas City Transit, Inc. v. Pub. Serv. Comm'n, 406 S.W.2d 5 (Mo. 1966). “In that connection, see Law Review Commentaries following § 361.010, 17 V.A.M.S., pp. 330, 331. 7 .”
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