☰ Revisor of Missouri


Chapter 166

< > Effective - 28 Aug 2021, 3 histories    bottom

  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 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, A.L. 2021 H.B. 297)

---- end of effective  28 Aug 2021 ----

use this link to bookmark section  166.425

 - All versions
Effective End
166.425 8/28/2021
166.425 8/28/2018 8/28/2021
166.425 8/28/2008 8/28/2018

Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
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 End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House