Missouri Revised Statutes

Chapter 166
Permanent Funds and Trusts
Section 166.231

August 28, 2007


Rulings from Internal Revenue Service and Securities and Exchange Commission required, when--purchasers to be informed of rulings, when.

166.231. An advance tuition payment contract shall not be entered by the trust until the trust has solicited answers from the United States Internal Revenue Service and the United States Securities and Exchange Commission rulings regarding the status of the trust. The trust shall inform purchasers of the rulings in question by these federal agencies prior to entering any such contract.

(L. 1988 H.B. 1456 § 14)


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