§ 176.010 — Definitions.

Missouri § 176.010

• Jurisdiction: Missouri
• Title XI: EDUCATION AND LIBRARIES
• Ch. 176: Revenue Bonds of State Educational Institutions — Higher Education Risk Management Associations

Text

The following words and phrases as used in sections 176.010 to 176.080 , unless a different meaning is plainly required by the context, shall have the following meanings:

(1) "Governing body" shall mean:

(a)  The board of curators of the University of the State of Missouri;

(b)  The board of curators of Lincoln University of Missouri;

(c)  The board of governors for the Truman State University;

(d)  The board of governors for the Central Missouri State University;

(e)  The board of regents for the Southeast Missouri State University;

(f)  The board of governors for the Missouri State University;

(g)  The board of regents for the Northwest Missouri State University;

(h)  The board of governors for the Missouri Western State University;

(i)  The board of governors for the Missouri Southern State University;

(j)  The board of regents for Harris-Stowe State University;

(k)  The board of trustees of any community college district formed under sections 178.770 to 178.890 ;

(l)  The board of regents of State Technical College of Missouri, provided the conditions of section 178.631 are met;

(2) "Net income and revenues" shall mean the income arising from the operation of a project remaining after providing for the costs of operation of such project and the costs of maintenance thereof;

(3) "Project" shall mean one or more dormitory buildings with or without dining room facilities as an integral part thereof, or dining room facilities alone, or one or more social and recreational buildings, or any other revenue-producing facilities of state educational institutions, or any combination of such facilities;

(4) "Revenue bonds" shall mean bonds issued hereunder for the purposes herein authorized and payable, both as to principal and interest, solely and only out of the net income and revenues arising from the operation of the project for which such bonds are issued after providing for the costs of operation and maintenance of such project, and, in addition thereto, in the discretion of the governing body, out of either one or both of the following sources:

(a)  The proceeds of any grant in aid of such project which may be received from any source; and

(b)  The net income and revenues arising from the operation of another project, as herein defined, already owned and operated by any such state educational institution. ­­ ­ Such bonds shall not be deemed to be an indebtedness of the state of Missouri, the educational institution issuing them, the governing body of such educational institution, or the individual members of such governing body;

(5) "State educational institutions" shall mean and shall include:

(a)  The State University of Missouri, incorporated as a body politic under the name of "The Curators of the University of Missouri", together with the departments of said state university especially established by law as the "College of Agriculture at Columbia" and the "University of Missouri-Rolla";

(b)  "Lincoln University" at Jefferson City;

(c)  "Truman State University" at Kirksville, Missouri;

(d)  "Missouri State University" at Springfield;

(e)  The several regional universities, to wit:

"Central Missouri State University" at Warrensburg, Missouri;

"Southeast Missouri State University" at Cape Girardeau, Missouri;

"Northwest Missouri State University" at Maryville, Missouri;

"Missouri Western State University" at St. Joseph, Missouri;

"Missouri Southern State University" at Joplin, Missouri;

"Harris-Stowe State University" at St. Louis, Missouri;

(f)  Community college districts formed under sections 178.770 to 178.890 ;

(g)  The several state colleges, to wit:

"State Technical College of Missouri" in Osage County, Missouri, provided the conditions of section 178.631 are met.

Legislative History

(L. 1945 p. 1715 § 1, A.L. 1965 2d Ex. Sess. p. 896, A.L. 1979 S.B. 2, A.L. 1988 H.B. 1456, A.L. 1995 S.B. 101 merged with S.B. 340, A.L. 2005 S.B. 98, A.L. 2013 H.B. 673) Effective 7-01-14 Board of regents of Central Missouri State University and Southwest Missouri State University abolished and board of governors appointed, when, 174.450