Mo. Rev. Stat. ch. 402 – Trust Funds for Disabled Persons | Midpage

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Revised Statutes of Missouri

Chapter 402

Mo. Rev. Stat. ch. 402

Trust Funds for Disabled Persons

402.130Definitions 402.132Charitable purposes of the institution and fund to be considered — good faith required — authority of the institution 402.134Appropriation for expenditure or accumulation of endowment fund, amount permitted — factors to consider 402.136Delegation of management and investment, when — requirements of the institution 402.138Release or modification of restrictions permitted, when 402.140Applicability 402.142Federal acts, effect of 402.144Compliance, determined when 402.146Uniformity of law to be considered in application of law 402.148Governing boards and directors, law not to amend duties and liabilities of 402.199Declaration of policy — contributions to Missouri family trust not to adversely impact other benefits of beneficiaries 402.200Definitions 402.201Board of trustees created, members, expenses — accounting of funds required — assets not state moneys — immunity from liability, when 402.202Trust accounts, restricted trust accounts, charitable trust — administered as Missouri family trust — pooling permitted — additional board powers 402.203Contribution of assets, by whom — trust account to be created — cotrustees and successors — breach of fiduciary duty, effect of — death of beneficiary, procedure — remainder distribution 402.204Settlor may contribute assets — trust account created — cotrustees and successors — breach of fiduciary duty, effect of — death of beneficiary, procedure — remainder distribution 402.205Withdrawal from trust account, when — revocation or termination of trust, when, distribution — trust principal and income held for benefit of beneficiary 402.206First and third party trusts, account held and administered, how 402.207Charitable trust established, when 402.208Fees authorized — periodic reports — no property interest in trust account, when 402.210(A.L. 2011 H.B. 648, Repealed L. 2011 S.B. 70 § A)