Effective - 28 Aug 1986
176.500. Risk management associations, who may form. — Notwithstanding any direct or implied prohibitions in chapter 375 or 379, a group of two or more private associations, corporations, or institutions not operated for private or corporate profit authorized by law to provide or operate educational facilities and to provide a program of education beyond the high school level in the state of Missouri, and which meet the standards for accreditation as determined by the North Central Association of Colleges and Secondary Schools or the Coordinating Board for Higher Education, may form an association for the purpose of pooling funds in order to share the types of risks described in section 176.510.
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(L. 1986 H.B. 1387 § 1)
Structure Missouri Revised Statutes
Title XI - Education and Libraries
Section 176.010 - Definitions.
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 176.060 - 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 176.540 - Service of process on association, nonmembers, how.