Missouri Revised Statutes
Mo. Rev. Stat. § 173.386 (2026)
Assets may not be used for payment of debt
✓ current as of May 2026
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173.386. Assets may not be used for payment of debt. — Notwithstanding any other provision of law, the authority shall not have the power or authority to cause any asset of the authority to be used for the payment of debt incurred by the state, and the authority shall not have the power or authority to distribute any asset of the authority to any fund of the state of Missouri for the purpose of payment of debt incurred by the state.
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(L. 2007 S.B. 389)
Notes of Decisions
Cited in 1
case (1 in the last 5 years), 2022–2022 · leading case: State of Nebraska v. Biden (E.D. Mo. 2022).
State of Nebraska v. Biden (E.D. Mo. 2022). “Mo. Rev. Stat. § 173.386 . “The vast majority of MOHELA’s funds are segregated from state funds and controlled exclusively by MOHELA.”
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