Revisor Home

Title XI EDUCATION AND LIBRARIES

Chapter 166

previous next Effective - 28 Aug 2018, 2 historiesbottom

  166.425.  Board to invest funds, use of funds — not deemed income, when. — All money paid by a participant in connection with participation agreements shall be deposited as received and shall be promptly invested by the board.  Contributions and earnings thereon accumulated on behalf of participants in the savings program may be used, as provided in the participation agreement, for qualified education expenses.  Such contributions and earnings shall not be considered income for purposes of determining a participant's eligibility for financial assistance under any state student aid program.

­­--------

(L. 1998 H.B. 1694, A.L. 1999 S.B. 460, A.L. 2008 S.B. 863, A.L. 2018 S.B. 882)


---- end of effective   28 Aug 2018 ----

use this link to bookmark section  166.425


 - All versions
Effective End
166.425 8/28/2018
166.425 8/28/2008 8/28/2018

In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@20:50:12.7 13