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2012 Missouri Revised Statutes
TITLE XXIX OWNERSHIP AND CONVEYANCE OF PROPERTY
Chapter 442 Titles and Conveyance of Real Estate
Section 442.540 Rule of calculation.
Universal Citation:
MO Rev Stat § 442.540 (2012)
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Rule of calculation.
442.540. Calculate the interest at six percent upon the sum to the income of which, or upon the value of the property to the use of which, the person is entitled; multiply this interest by the present value of an annuity of one dollar, as set opposite the person's age in the table, and the product will be the gross value of the life estate of such person therein. The age of such person as indicated by the birthday nearest to the time when said computation is made shall be taken to be the age of such person in making said computation.
(RSMo 1939 3523)Prior revisions: 1929 3133; 1919 7548; 1909 8500
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