Missouri § 174.345 - Long-term concession projects, concession agreements with private developers permitted.
Full text of Missouri Revised Statutes of Missouri § 174.345 — Long-term concession projects, concession agreements with private developers permitted., with citation guidance and answers to common questions.
§ 174.345. Long-term concession projects, concession agreements with private developers permitted.
Nothing shall prohibit an institution under this chapter from entering into a long-term concession with a private developer to construct, operate, maintain, and finance the project in exchange for annual payments subject to abatement for nonperformance. For the purposes of this section, a "concession agreement" shall be defined as a license or lease between a private partner and an institution of higher education for the development, operation, maintenance, or finance of a project.
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(L. 2019 H.B. 1088)
---- end of effective 28 Aug 2019 ----
Source: official Missouri text · Last verified 2026-08-27
Frequently Asked Questions About Missouri § 174.345
What does Revised Statutes of Missouri § 174.345 cover?
Section 174.345 ("Long-term concession projects, concession agreements with private developers permitted.") 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 § 174.345?
A common citation format is "Revised Statutes of Missouri § 174.345" (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 § 174.345 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.