Effective - 28 Aug 2001
177.082. Lease purchase agreements permitted, when. — The school board may purchase apparatus, equipment and furnishings for its schools and operations by entering into lease purchase agreements with vendors. Any agreement which may result in school district ownership of the leased object must contain a provision which allows the district an option to terminate the agreement on at least an annual basis without penalty. All expenditures related to lease purchase agreements shall be considered expenditures for capital outlay and shall be made pursuant to the provisions of section 165.011.
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(L. 2001 S.B. 303)
Structure Missouri Revised Statutes
Title XI - Education and Libraries
Chapter 177 - School Property and Equipment
Section 177.021 - School realty subject to certain ordinances and special assessments.
Section 177.041 - Condemnation of land.
Section 177.051 - Conveyance of property to public institution of higher education.
Section 177.061 - Conveyance of sixteenth-section lands.
Section 177.071 - Validation of prior conveyances of sixteenth-section lands.
Section 177.073 - Procurement of sites — sale or lease of property, procedure — deposit of proceeds.
Section 177.082 - Lease purchase agreements permitted, when.
Section 177.086 - Construction of facilities, sealed bids and public advertisement required, when.
Section 177.088 - Facilities and equipment may be obtained by agreements, procedure.
Section 177.101 - Public parks and playgrounds, seven-director board may establish.
Section 177.111 - Athletic stadiums — powers of board.
Section 177.121 - May charge for admission and concessions — permit use of stadium by others.
Section 177.131 - Establishment of elementary and high schools.
Section 177.151 - Public auditorium — powers of board.
Section 177.161 - Contracts for erection and repair of school buildings — bids required when.
Section 177.171 - Contracts for furnishing school supplies — bids required when.