Missouri § 161.421 - Cessation of study — effect.
Full text of Missouri Revised Statutes of Missouri § 161.421 — Cessation of study — effect., with citation guidance and answers to common questions.
§ 161.421. Cessation of study — effect.
If a student ceases his study prior to receiving a degree, any scholarship received under the provisions of sections 161.415 to 161.424 shall be treated as a loan to the student and interest at the rate of nine and one-half percent per year shall be charged upon the unpaid balance of the amount received from the date the student ceases his study until the amount received is paid back to the state.
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(L. 1990 H.B. 1142 § 6)
---- end of effective 28 Aug 1990 ----
Frequently Asked Questions About Missouri § 161.421
What does Revised Statutes of Missouri § 161.421 cover?
Section 161.421 ("Cessation of study — effect.") is part of the Revised Statutes of Missouri, the codified statutory law of Missouri. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Missouri § 161.421?
A common citation format is "Revised Statutes of Missouri § 161.421" (Missouri). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Missouri law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Missouri official source linked on this page or consult a licensed Missouri attorney.
How does Missouri § 161.421 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Missouri can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Missouri.