Section 166.710 – Annual audits of accounts — disqualification from program, when — referral for misuse of money — rulemaking authority.
Effective – 28 Aug 2021 166.710. Annual audits of accounts — disqualification from program, when — referral for misuse of money — rulemaking authority. — 1. Beginning in the 2023-24 school year and continuing thereafter, the state treasurer shall conduct or contract for annual audits, and may conduct or contract for random and quarterly audits […]
Section 166.715 – Misuse of moneys, penalty — financial institutions immunity from liability, when.
Effective – 28 Aug 2021 166.715. Misuse of moneys, penalty — financial institutions immunity from liability, when. — 1. A person commits a class A misdemeanor if the person is found to have knowingly used moneys granted under section 135.714 for purposes other than those provided for in sections 166.700 to 166.720. 2. No financial […]
Section 166.720 – Government control or supervision over qualified schools prohibited, when — qualified schools not agents of state — transfer of student, effect of.
Effective – 28 Aug 2021 166.720. Government control or supervision over qualified schools prohibited, when — qualified schools not agents of state — transfer of student, effect of. — 1. Sections 166.700 to 166.720 shall not be construed to permit any governmental agency to exercise control or supervision over any qualified school in which a […]
Section 166.520 – Rulemaking authority.
Effective – 28 Aug 2004 166.520. Rulemaking authority. — Any rule or portion of a rule, as that term is defined in section 536.010, that is promulgated pursuant to sections 166.500 to 166.529 shall become effective only if it has been promulgated pursuant to the provisions of chapter 536. All rulemaking authority delegated prior to […]
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 […]
Section 166.526 – Program moneys not part of total state revenues.
Effective – 28 Aug 2004 166.526. Program moneys not part of total state revenues. — Money accruing to and deposited in individual deposit accounts shall not be part of total state revenues as defined in Sections 17 and 18, Article X, Constitution of Missouri, and the expenditure of such revenues shall not be an expense […]
Section 166.529 – Confidentiality requirements.
Effective – 28 Aug 2004 166.529. Confidentiality requirements. — All personally identifiable information concerning participants and beneficiaries of accounts established within the Missouri higher education deposit program pursuant to sections 166.500 to 166.529 shall be confidential, and any disclosure of such information shall be restricted to purposes directly connected with the administration of the program. […]
Section 166.700 – Definitions.
Effective – 28 Aug 2021 166.700. Definitions. — As used in sections 166.700 to 166.720, the following terms mean: (1) “Curriculum”, a complete course of study for a particular content area or grade level, including any supplemental materials; (2) “District”, the same meaning as used in section 160.011; (3) “Educational assistance organization”, the same meaning […]
Section 166.705 – Missouri empowerment scholarship account, written agreement, contents — renewal — withdrawal from program, effect of — moneys tax exempt to parents.
Effective – 28 Aug 2021 166.705. Missouri empowerment scholarship account, written agreement, contents — renewal — withdrawal from program, effect of — moneys tax exempt to parents. — 1. A parent of a qualified student may establish a Missouri empowerment scholarship account for the student by entering into a written agreement with an educational assistance […]
Section 166.508 – Deposit program participation agreements, terms and conditions — contribution limits — minimum holding time for contributions.
Effective – 28 Aug 2004 166.508. Deposit program participation agreements, terms and conditions — contribution limits — minimum holding time for contributions. — 1. The board may enter into deposit program participation agreements with participants on behalf of beneficiaries pursuant to the provisions of sections 166.500 to 166.529, including the following terms and conditions: (1) […]