Missouri Statutes

§ 166.511 — Prompt investment of moneys paid by participation agreements, use of moneys.

Missouri § 166.511
JurisdictionMissouri
Title XIEDUCATION AND LIBRARIES
Ch. 166Permanent Funds and Trusts

This text of Missouri § 166.511 (Prompt investment of moneys paid by participation agreements, use of moneys.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mo. Rev. Stat. § 166.511 (2026).

Text

All money paid by a participant in connection with participation agreements shall be deposited as received and shall be promptly invested by the board or may be directly deposited by the board's agents.  Contributions and earnings thereon accumulated on behalf of participants in the deposit program may be used, as provided in the participation agreement, for qualified higher education expenses.

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Legislative History

(L. 2004 H.B. 959 § 166.525)

Nearby Sections

15
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Bluebook (online)
Missouri § 166.511, Counsel Stack Legal Research, https://law.counselstack.com/statute/mo/166/166.511.