Acceptance of Donations

PURPOSE: This rule provides guidelines for acceptance of donations by the Historic Preservation Revolving Fund. (1) Donations to the fund may be made in the form of cash, stocks, bonds, coins, art, antique objects or other readily saleable or negotiable items. Any donation made in a form other than cash must be converted to cash as soon as reasonably possible after receipt. All proceeds must be deposited in the Historic Preservation Revolving Fund. (2) Donations of real property that fail to qualify for fund acquisition as set forth 10 CSR 90-3.020 cannot be accepted by the department. (3) Terms of all donations of real property must be approved in writing by the director of the Department of Natural Resources. The department will not be obligated to accept any property until a contract has been signed by all parties. AUTHORITY: section 253.035, RSMo Supp. 1993.* Original rule filed May 28, 1992, effective Jan. 15, 1993. *Original authority: 253.035, RSMo 1961, amended 1967, 1983, 1993, 1995.