Missouri Revised Statutes
Chapter 176 - Revenue Bonds of State Educational Institutions — Higher Education Risk Management Associations
Section 176.085 - Health and educational facilities, payment of bonds.

Effective - 28 Aug 1988
176.085. Health and educational facilities, payment of bonds. — The governing body of any state educational institution may cooperate with the Missouri health and educational facilities authority as a participating educational institution as provided in and permitted by sections 360.010 to 360.140. The state educational institution shall apply amounts appropriated by the general assembly for design or construction and related costs of a structure, building or fixture to the payment of bonds issued by the authority to finance or refinance that structure, building or fixture and related costs; provided, however, that any such bonds issued by the authority must be approved in the same manner as private activity bonds are approved under federal law.
­­--------
(L. 1988 H.B. 1456)

Structure Missouri Revised Statutes

Missouri Revised Statutes

Title XI - Education and Libraries

Chapter 176 - Revenue Bonds of State Educational Institutions — Higher Education Risk Management Associations

Section 176.010 - Definitions.

Section 176.020 - Any state educational institution empowered to acquire and to construct a project necessary for the use of students.

Section 176.030 - Power to issue and sell revenue bonds.

Section 176.035 - Priority of liens of successive series of bonds, how fixed.

Section 176.040 - Bonds not to be considered an indebtedness.

Section 176.050 - May issue serial bonds or term bonds — rate of interest — sale of bonds.

Section 176.055 - Provision for issuance, installment payment of bonds and conversion to smaller bonds.

Section 176.060 - Refunding of bonds.

Section 176.070 - Governing body to provide details — rights of bondholders.

Section 176.080 - Bonds to be issued pursuant to resolution.

Section 176.085 - Health and educational facilities, payment of bonds.

Section 176.500 - Risk management associations, who may form.

Section 176.505 - Articles of association or declaration of trust, contents, file with director.

Section 176.510 - Types of risks that may be shared — association may reinsure risk.

Section 176.515 - Workers' compensation liability, may be covered, separate account.

Section 176.520 - Associations exempt from provisions of insurance law.

Section 176.525 - Associations may make bylaws.

Section 176.530 - Annual audit report, file with director.

Section 176.535 - Attorney in fact, service of process, file with director — writing authorizing such service.

Section 176.540 - Service of process on association, nonmembers, how.