Moneys in the fund, both unobligated and obligated as a reserve, which in the judgment of the board are not currently needed for the payment of defaults of guaranteed loans, may be invested by the state treasurer, and any income therefrom shall be deposited to the credit of the fund.
Mo. Rev. Stat. § 173.130
Funds not currently needed may be invested, how
Known as the Higher Education Student Funding Act
The act spans §§ 173–173 (149 sections).
Effective: 28 Aug 1978; (L. 1967 1st Ex
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.