Missouri Laws 166.715 – Misuse of moneys, penalty — financial institutions immunity from liability, ..
Current as of: 2024 | Check for updates
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1. A person commits a class A misdemeanor if the person is found to have knowingly used moneys granted under section 135.714 for purposes other than those provided for in sections 166.700 to 166.720.
2. No financial institution shall be liable in any civil action for providing a scholarship account’s financial information to the state treasurer unless the information provided is false and the financial institution providing the false information does so knowingly and with malice.
Attorney's Note
Under the Missouri Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Class A misdemeanor | up to 1 year | up to $2,000 |
Terms Used In Missouri Laws 166.715
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020