Missouri § 173.425 Assets not part of revenue — exclusive control of authority — student loan notes not public property.

Missouri Statutes

§ 173.425 — Assets not part of revenue — exclusive control of authority — student loan notes not public property.

Missouri § 173.425

Title XIEDUCATION AND LIBRARIES

Ch. 173Department of Higher Education and Workforce Development

This text of Missouri § 173.425 (Assets not part of revenue — exclusive control of authority — student loan notes not public property.) 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. § 173.425 (2026).

Text

No asset of the authority shall be considered to be part of the revenue of the state within the meaning of Article III, Section 36, of the Constitution of Missouri, and no asset of the authority shall be required to be deposited into the state treasury, and no asset of the authority shall be subject to appropriation by the general assembly, except for those amounts distributed by the authority to the Lewis and Clark discovery fund pursuant to subdivision (9) of subsection 1 of section 173.385 .  The assets of the authority shall remain under the exclusive control and management of the authority to be used as required pursuant to sections 173.350 to 173.450 * , except for those amounts distributed by the authority to the Lewis and Clark discovery fund pursuant to subdivision (9) of subsecti

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No asset of the authority shall be considered to be part of the revenue of the state within the meaning of Article III, Section 36, of the Constitution of Missouri, and no asset of the authority shall be required to be deposited into the state treasury, and no asset of the authority shall be subject to appropriation by the general assembly, except for those amounts distributed by the authority to the Lewis and Clark discovery fund pursuant to subdivision (9) of subsection 1 of section 173.385 . The assets of the authority shall remain under the exclusive control and management of the authority to be used as required pursuant to sections 173.350 to 173.450 * , except for those amounts distributed by the authority to the Lewis and Clark discovery fund pursuant to subdivision (9) of subsection 1 of section 173.385 . Student loan notes purchased or financed shall not be considered to be public property.