191.609. Contract for repayment of loans, contents. - Missouri Statutes

Contract for repayment of loans, contents.

191.609. 1. The department shall enter into a contract with eachindividual qualifying for repayment of educational loans. The writtencontract between the department and an individual shall contain, but not belimited to, the following:

(1) An agreement that the state agrees to pay on behalf of theindividual loans in accordance with section 191.611 and the individualagrees to serve for a time period equal to two years, or such longer periodas the individual may agree to, in an area of defined need, such serviceperiod to begin within one year of the signed contract;

(2) A provision that any financial obligations arising out of acontract entered into and any obligation of the individual which isconditioned thereon is contingent upon funds being appropriated for loanrepayments;

(3) The area of defined need where the person will practice;

(4) A statement of the damages to which the state is entitled for theindividual's breach of the contract;

(5) Such other statements of the rights and liabilities of thedepartment and of the individual not inconsistent with sections 191.600 to191.615.

2. The department may stipulate specific practice sites contingentupon department generated health care professional need priorities whereapplicants shall agree to practice for the duration of their participationin the program.

(L. 1988 H.B. 1380 § 5, A.L. 2001 H.B. 567 merged with S.B. 393)