Chapter 360 - Missouri Health and Educational Facilities Act

Chapter 360 - Missouri Health and Educational Facilities Act

Section 360.010 Short title.
Section 360.015 Definitions.
Section 360.020 Authority established — membership, terms — vacancy, how filled — removal of member, when.
Section 360.025 Meetings to be open — quorum — notice — expenses of members.
Section 360.030 Officers of authority, how selected — powers and duties, how fixed.
Section 360.035 Bond required, amount of.
Section 360.040 Conflict of interest not applicable, when.
Section 360.045 Powers of authority — transfer of moneys to rebuild damaged infrastructure fund.
Section 360.046 Missouri college savings bonds, purpose, guidelines established by authority.
Section 360.047 Power of authority in issuance of bonds, notes or indebtedness — authority to conduct public hearings, when.
Section 360.050 Authority must act as lessor only — term of lease — rentals, how set.
Section 360.055 Acquisition of property authorized — participating health or educational institution, power to borrow funds from authority.
Section 360.060 Bonds, form of, terms — how sold.
Section 360.065 Subsequent or additional issues of bonds, when — refunding bonds, when.
Section 360.070 Bonds and interest coupons declared negotiable instruments.
Section 360.075 Bonds, how secured.
Section 360.080 Bonds not an obligation of the state.
Section 360.085 Income of authority tax exempt — bonds deemed to be securities issued by public instrumentality.
Section 360.090 Authority to be self-supporting, exception.
Section 360.095 Initial planning service fee, amount of, how determined — proration of fee, when.
Section 360.100 Conveyance to participating institution, when made.
Section 360.105 Financing by purchase of securities of participating institution authorized — such securities to be secured, how.
Section 360.106 Definitions — bonds or notes issued for loans to or purchase of notes of school districts and community colleges — how secured — investment of funds — bids required for professional services furnished — report by authority due when.
Section 360.107 Bonds or notes to finance working capital, security for — working capital defined.
Section 360.108 Bonds or notes to finance self-insurance or risk management programs, effect of programs.
Section 360.109 Bonds or notes to finance desegregation of schools, powers of authority.
Section 360.110 Sections 360.010 to 360.140 not exclusive of other provisions of law.
Section 360.111 School districts or public community colleges may participate in a direct deposit agreement — participation a waiver of right to bankruptcy.
Section 360.112 Authority to serve as administrator for issuance — commissioner of education and state treasurer's authority.
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.
Section 360.114 Authority to determine grant amount, actual cost of issuance, when — transfers to be at no cost to school district.
Section 360.115 Proceeds of bond sales and fees collected are not revenue of the state.
Section 360.116 Payment of grants, procedure — refunding or refinancing existing bonds, net present value savings amount.
Section 360.117 Funding for grants less than amount of grants distributable, first priority construction or renovation projects.
Section 360.118 Authority's power to invest, when — earnings attributable to district, distribution — law not applicable to finance new lease purchase agreement.
Section 360.120 Approved investments.
Section 360.125 Bonds issued by authority, fiduciaries may invest in.
Section 360.130 Facilities not public buildings.
Section 360.135 Authority to be tax exempt — proceeds of bonds tax exempt, exception.
Section 360.140 Authority assigned to the office of administration — report to director required.

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