Missouri § 174.345 Long-term concession projects, concession agreements with private developers permitted.

Missouri Statutes

§ 174.345 — Long-term concession projects, concession agreements with private developers permitted.

Missouri § 174.345

Title XIEDUCATION AND LIBRARIES

Ch. 174State Colleges and Universities

This text of Missouri § 174.345 (Long-term concession projects, concession agreements with private developers permitted.) 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. § 174.345 (2026).

Text

Nothing shall prohibit an institution under this chapter from entering into a long-term concession with a private developer to construct, operate, maintain, and finance the project in exchange for annual payments subject to abatement for nonperformance.  For the purposes of this section, a "concession agreement" shall be defined as a license or lease between a private partner and an institution of higher education for the development, operation, maintenance, or finance of a project.

Free access — add to your briefcase to read the full text and ask questions with AI

Nothing shall prohibit an institution under this chapter from entering into a long-term concession with a private developer to construct, operate, maintain, and finance the project in exchange for annual payments subject to abatement for nonperformance. For the purposes of this section, a "concession agreement" shall be defined as a license or lease between a private partner and an institution of higher education for the development, operation, maintenance, or finance of a project.