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2017 Missouri Revised Statutes
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362 Banks and Trust Companies
Section 362.1050 Fiduciary books and records, how maintained — assets not subject to debts or obligations of the company.
Universal Citation: MO Rev Stat § 362.1050 (2017)
Effective 28 Aug 2017
Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 362362.1050. Fiduciary books and records, how maintained — assets not subject to debts or obligations of the company. — 1. A family trust company shall maintain its fiduciary books and records separate and distinct from other records of the company and shall segregate all assets held in any fiduciary capacity from other assets of the company.
2. Assets received or held in a fiduciary capacity by a family trust company shall not be subject to the debts or obligations of the company.
(L. 2017 H.B. 292)
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