Missouri Revised Statutes
Chapter 166 - Permanent Funds and Trusts
Section 166.523 - Review of program by state auditor, when.

Effective - 28 Aug 2004
166.523. Review of program by state auditor, when. — The Missouri state auditor shall, on a semiannual basis, review the financial status and investment policy of the program as well as the participation rate in the program. The auditor shall also review the continued viability of the program and the administration of the program by the board. The auditor shall report the findings annually to the board, which shall subsequently disclose such findings at a public meeting.
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(L. 2004 H.B. 959 § 166.550)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XI - Education and Libraries

Chapter 166 - Permanent Funds and Trusts

Section 166.011 - Public school fund — source — disposition.

Section 166.021 - Investment of capital of public school fund — securities deposited with state treasurer.

Section 166.031 - State treasurer to be custodian of fund — accounts — annual report.

Section 166.041 - State board of education to keep account with treasurer — suits to recover money due.

Section 166.051 - School moneys fund — interest from investments credited to.

Section 166.061 - Gifts to public school fund.

Section 166.071 - Receipts for gifts to public school fund.

Section 166.081 - Instrument of conveyance, when recorded.

Section 166.091 - Disposition of property granted.

Section 166.101 - Gift for public education which cannot be executed placed in public school fund on order of circuit court.

Section 166.111 - Liability of director of revenue.

Section 166.121 - State, the trustee.

Section 166.131 - County commission to administer county school fund — investments — distribution of income to schools.

Section 166.141 - County treasurer to collect funds — receipts — penalty for violation.

Section 166.151 - Petition to distribute county school fund.

Section 166.161 - Election on proposal to distribute fund — annual apportionment of balance of fund — effect on state aid.

Section 166.275 - Appropriations to satisfy certain judgments transferred to school moneys fund — amount, distribution.

Section 166.300 - Definitions — school building revolving fund created — lease purchases for projects, plan — eligibility for a lease purchase — ranking of projects — plan waived, when — repayment, interest — failure to make annual payments, state to...

Section 166.400 - Citation of law.

Section 166.410 - Definitions.

Section 166.415 - Missouri education program, created, board, members, proxies, powers and duties, investments.

Section 166.420 - Participation agreements, terms and conditions — contribution limitation — penalty.

Section 166.421 - Income tax refund, contribution to education savings account — election, how made.

Section 166.425 - Board to invest funds, use of funds — not deemed income, when.

Section 166.430 - Cancellation of agreement, results — penalty.

Section 166.435 - State tax exemption.

Section 166.440 - Assets not state property.

Section 166.445 - Rules, invalid, when.

Section 166.450 - Review of program.

Section 166.455 - Funds not state revenues.

Section 166.456 - Confidentiality of information.

Section 166.500 - Citation of law.

Section 166.501 - Program established as alternative to Missouri education program.

Section 166.502 - Definitions.

Section 166.505 - Program created, Missouri education program board to administer, powers and duties — investment of funds.

Section 166.508 - Deposit program participation agreements, terms and conditions — contribution limits — minimum holding time for contributions.

Section 166.511 - Prompt investment of moneys paid by participation agreements, use of moneys.

Section 166.514 - Cancellation of agreements, penalty.

Section 166.517 - Assets used for program purposes only.

Section 166.520 - Rulemaking authority.

Section 166.523 - Review of program by state auditor, when.

Section 166.526 - Program moneys not part of total state revenues.

Section 166.529 - Confidentiality requirements.

Section 166.700 - Definitions.

Section 166.705 - Missouri empowerment scholarship account, written agreement, contents — renewal — withdrawal from program, effect of — moneys tax exempt to parents.

Section 166.710 - Annual audits of accounts — disqualification from program, when — referral for misuse of money — rulemaking authority.

Section 166.715 - Misuse of moneys, penalty — financial institutions immunity from liability, when.

Section 166.720 - Government control or supervision over qualified schools prohibited, when — qualified schools not agents of state — transfer of student, effect of.