Section 360.120 – Approved investments.
Effective – 28 Aug 1988 360.120. Approved investments. — 1. The authority may invest any of its funds in: (1) Bonds, notes, certificates of indebtedness, treasury bills, or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully guaranteed by, the United States, including evidences of a direct […]
Section 360.125 – Bonds issued by authority, fiduciaries may invest in.
Effective – 28 Aug 1975 360.125. Bonds issued by authority, fiduciaries may invest in. — All banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, insurance companies and associations, and all executors, administrators, guardians, trustees, and other fiduciaries legally may invest any sinking funds, moneys or […]
Section 360.130 – Facilities not public buildings.
Effective – 28 Aug 1975 360.130. Facilities not public buildings. — Facilities shall not be considered to be public buildings, structures, grounds, works, or improvements and shall not be subject to any requirements relating to public buildings, structures, grounds, works, or improvements imposed by the laws of this state or any other similar requirements which […]
Section 360.135 – Authority to be tax exempt — proceeds of bonds tax exempt, exception.
Effective – 28 Aug 1975 360.135. Authority to be tax exempt — proceeds of bonds tax exempt, exception. — The authority is hereby declared to be performing a public function in behalf of the state and to be a public instrumentality of the state. Accordingly, the authority shall not be required to pay any taxes […]
Section 360.140 – Authority assigned to the office of administration — report to director required.
Effective – 28 Aug 1986 360.140. Authority assigned to the office of administration — report to director required. — The health and educational facilities authority is assigned to the office of administration. The authority shall annually, on or before February first of each year, file with the office of administration a report of its previous […]
Section 360.110 – Sections 360.010 to 360.140 not exclusive of other provisions of law.
Effective – 28 Aug 1975 360.110. Sections 360.010 to 360.140 not exclusive of other provisions of law. — 1. Neither sections 360.010 to 360.140 nor anything in sections 360.010 to 360.140 shall be construed as a restriction or limitation upon any powers which the authority might otherwise have under any laws of this state, but […]
Section 360.111 – School districts or public community colleges may participate in a direct deposit agreement — participation a waiver of right to bankruptcy.
Effective – 28 Aug 2002 360.111. School districts or public community colleges may participate in a direct deposit agreement — participation a waiver of right to bankruptcy. — Any school district or public community college which is not a participating district, as defined in section 360.106, with respect to a particular issue of its bonds, […]
Section 360.112 – Authority to serve as administrator for issuance — commissioner of education and state treasurer’s authority.
Effective – 28 Aug 2002 360.112. Authority to serve as administrator for issuance — commissioner of education and state treasurer’s authority. — The authority shall serve as administrator for any issuance pursuant to sections 360.111 to 360.118. The authority, the commissioner of education and the state treasurer shall be authorized to take all actions with […]
Section 360.113 – Districts with direct deposit agreement eligible for one-time grant for each issue for construction or to refinance lease purchase grant, amount.
Effective – 27 Jun 1995 360.113. Districts with direct deposit agreement eligible for one-time grant for each issue for construction or to refinance lease purchase grant, amount. — 1. Any school district which has a direct deposit agreement with the authority pursuant to sections 360.111 to 360.118 shall be eligible to receive a one-time grant […]
Section 360.114 – Authority to determine grant amount, actual cost of issuance, when — transfers to be at no cost to school district.
Effective – 27 Jun 1995 360.114. Authority to determine grant amount, actual cost of issuance, when — transfers to be at no cost to school district. — 1. On or before July 1, 1997, and every two years thereafter, the authority shall determine the weighted average, actual cost of issuance percentage for issuances under section […]