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2022 Missouri Revised Statutes
Title XXXI - Trusts and Estates of Decedents and Persons Under Disability
Chapter 456 - Trusts and Trustees — The Uniform Trust Code

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GENERALLY

Section 456.001 - Bequests or transfer to spouse, valuation of. (8/28/2004)
Section 456.003 - Absence of active duties not to curtail powers of trustee. (8/28/2004)
Section 456.005 - Life insurance trusts. (8/28/2004)
Section 456.006 - Health savings account, trust may be created, when. (8/28/2018)
Section 456.007 - Lessor, trustee of deposits by lessee, when — exception. (8/28/2004)
Section 456.009 - Lessor liable for double amount of deposit so held in trust, when. (8/28/2004)
Section 456.011 - Trusts for benefit of employees or self-employed persons — perpetuities — suspension of alienation. (8/28/2004)
Section 456.013 - Trusts for benefit of employees or self-employed persons — accumulation. (8/28/2004)
Section 456.014 - Trust for benefit of employees — spendthrift trust, when — exempt from certain attachments, exception. (8/28/2004)
Section 456.017 - Applicability of sections 456.011, 456.013, and 456.014. (8/28/2004)
Section 456.019 - Trustees of private foundations, charitable trusts or split-interest trusts, certain acts prohibited. (6/14/1971)
Section 456.021 - Addition to trusts. (8/28/2004)
Section 456.025 - Inapplicability of the rule against perpetuities — rule prohibiting unreasonable restraints or suspension of power of alienation not violated, when — rule against accumulations not applicable, when. (8/28/2004)
Section 456.026 - Rule against perpetuities, trust subject to, when. (8/28/2022)

REGISTRATION OF TRUSTS

Section 456.027 - Registration of trust. (8/28/2004)
Section 456.029 - Registration procedure. (8/28/2004)
Section 456.031 - Records and certified copies. (8/28/2004)
Section 456.033 - Effect of registration. (8/28/2004)

TRUSTEE'S POWERS, DUTIES AND LIABILITIES

Section 456.035 - Evidence as to death or status — five-year absence presumption of death. (8/28/2004)
Section 456.037 - Trust property — when deemed unclaimed. (8/28/2004)
Section 456.039 - Procedure by trustee with respect to unclaimed property. (8/28/2004)
Section 456.041 - Unclaimed property — liability of trustee. (8/28/2004)

QUALIFIED SPOUSAL TRUST

Section 456.950 - Definition — property and interests in property, immunity from claims, when — death of settlor, effect of — marital property rights, not affected by transfer — applicability. (8/28/2015)

MISSOURI UNIFORM POWERS OF APPOINTMENT

Section 456.970 - Short title. (8/28/2016)
Section 456.975 - Definitions. (8/28/2016)
Section 456.980 - Governing Law — common law and principles of equity. (8/28/2016)
Section 456.985 - Act to govern powers — exceptions. (8/28/2018)
Section 456.990 - Creations of power of appointment. (8/28/2016)
Section 456.995 - Nontransferability. (8/28/2016)
Section 456.1000 - Presumption of unlimited authority — exception to presumption of unlimited authority. (8/28/2016)
Section 456.1005 - Rules of classification. (8/28/2016)
Section 456.1010 - Power to revoke or amend. (8/28/2016)
Section 456.1015 - Requisites for exercise of power of appointment. (8/28/2016)
Section 456.1020 - Intent to exercise — determining intent from residuary clause. (8/28/2016)
Section 456.1025 - Intent to exercise — after-acquired power. (8/28/2016)
Section 456.1030 - Substantial compliance with donor-imposed formal requirement. (8/28/2016)
Section 456.1035 - Permissible appointment. (8/28/2018)
Section 456.1040 - Appointment to deceased appointee or permissible appointee's descendant. (8/28/2016)
Section 456.1045 - Impermissible appointment. (8/28/2016)
Section 456.1050 - Selective allocation doctrine. (8/28/2016)
Section 456.1055 - Capture doctrine — disposition of ineffectively appointed property under general power. (8/28/2016)
Section 456.1060 - Disposition of unappointed property under released or unexercised general power. (8/28/2016)
Section 456.1065 - Disposition of unappointed property under released or unexercised nongeneral power. (8/28/2016)
Section 456.1070 - Disposition of unappointed property if partial appointment to taker in default — appointment to taker in default. (8/28/2016)
Section 456.1075 - Powerholder's authority to revoke or amend exercise. (8/28/2016)
Section 456.1080 - Disclaimer. (8/28/2018)
Section 456.1085 - Authority to release — method of release — revocation or amendment of release. (8/28/2016)
Section 456.1090 - Power to contract — presently exercisable power of appointment — power of appointment not presently exercisable. (8/28/2016)
Section 456.1095 - Remedy for breach of contract to appoint or not to appoint. (8/28/2016)
Section 456.1100 - Creditor claim — general power created by powerholder. (8/28/2016)
Section 456.1105 - Creditor claim — general power not created by powerholder. (8/28/2016)
Section 456.1110 - Power to withdraw. (8/28/2016)
Section 456.1115 - Creditor claim — nongeneral power. (8/28/2016)
Section 456.1120 - Act not to limit ability to reach a beneficial interest under Missouri Uniform Trust Code. (8/28/2016)
Section 456.1125 - Uniformity of application and construction. (8/28/2016)
Section 456.1130 - Relation to Electronic Signatures in Global and National Commerce Act. (8/28/2016)
Section 456.1135 - Application to existing relationships. (8/28/2016)

MISSOURI UNIFORM TRUST CODE ARTICLE 1. GENERAL PROVISIONS

Section 456.1-101 - Short title. (1/1/2005)
Section 456.1-102 - Scope. (1/1/2005)
Section 456.1-103 - Definitions. (8/28/2018)
Section 456.1-104 - Knowledge. (1/1/2005)
Section 456.1-105 - Default and mandatory rules. (8/28/2006)
Section 456.1-106 - Common law of trusts — principles of equity. (1/1/2005)
Section 456.1-107 - Governing law. (1/1/2005)
Section 456.1-108 - Principal place of administration. (1/1/2005)
Section 456.1-109 - Methods and waiver of notice. (1/1/2005)
Section 456.1-110 - Others treated as qualified beneficiaries. (8/28/2006)
Section 456.1-111 - Nonjudicial settlement agreements. (1/1/2005)
Section 456.1-112 - Rules of construction — inapplicable to certain trusts. (8/28/2006)
Section 456.1-113 - Transfer of assets to trust subjects assets to terms of the trust. (8/28/2015)
Section 456.1-114 - Familial relationships. (8/28/2022)

ARTICLE 2. JUDICIAL PROCEEDINGS

Section 456.2-201 - Role of court in administration of trust. (1/1/2005)
Section 456.2-202 - Jurisdiction over trustee and beneficiary. (1/1/2005)
Section 456.2-204 - Venue. (8/28/2006)
Section 456.2-205 - Enforceability of mediation or arbitration provisions. (8/28/2014)

ARTICLE 3. REPRESENTATION

Section 456.3-301 - Representation, basic effect — prohibited, when. (8/28/2011)
Section 456.3-302 - Representation by holder of general testamentary power of appointment. (1/1/2005)
Section 456.3-303 - Representation by fiduciaries and parents. (1/1/2005)
Section 456.3-304 - Representation by person having substantially identical interest. (8/28/2016)
Section 456.3-305 - Appointment of representative. (1/1/2005)

ARTICLE 4. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST

Section 456.4-401 - Methods of creating trust. (8/28/2006)
Section 456.4-402 - Requirements for creation. (8/28/2006)
Section 456.4-403 - Trusts created in other jurisdictions. (1/1/2005)
Section 456.4-404 - Trust purposes. (1/1/2005)
Section 456.4-405 - Charitable purposes — enforcement. (1/1/2005)
Section 456.4-406 - Creation of trust induced by fraud, duress, or undue influence. (1/1/2005)
Section 456.4-407 - Evidence of oral trust. (1/1/2005)
Section 456.4-408 - Trust for care of animal. (1/1/2005)
Section 456.4-409 - Noncharitable trust without ascertainable beneficiary. (1/1/2005)
Section 456.4-410 - Modification or termination of trust — proceedings for approval or disapproval. (1/1/2005)
Section 456.4-411A - Modification or termination of noncharitable irrevocable trust by consent, exceptions. (8/28/2016)
Section 456.4-411B - Modification or termination of noncharitable irrevocable trust by consent — applicability. (8/28/2016)
Section 456.4-412 - Modification or termination because of unanticipated circumstances or inability to administer trust effectively. (1/1/2005)
Section 456.4-413 - Cy pres. (1/1/2005)
Section 456.4-414 - Modification or termination of uneconomic trust. (8/28/2018)
Section 456.4-415 - Reformation to correct mistakes. (1/1/2005)
Section 456.4-416 - Modification to achieve settlor's tax objectives. (1/1/2005)
Section 456.4-417 - Combination and division of trusts. (1/1/2005)
Section 456.4-418 - Distribution of trust income or principal to qualified remainder beneficiary, when — applicability to irrevocable trust, when. (8/28/2009)
Section 456.4-419 - Distributions of income and principal of first trusts and second trusts, discretionary power of trustee — notice requirements. (8/28/2022)
Section 456.4-420 - No-contest clause, claims for relief. (8/28/2014)

ARTICLE 5. CREDITOR'S CLAIMS — SPENDTHRIFT AND DISCRETIONARY TRUSTS

Section 456.5-501 - Rights of beneficiary's creditor or assignee, exceptions. (8/28/2007)
Section 456.5-502 - Spendthrift provision. (1/1/2005)
Section 456.5-503 - Exceptions to spendthrift provision. (1/1/2005)
Section 456.5-504 - Discretionary trusts, interest not enforceable, when — applicability — effect of standard — limitation on access to records. (8/28/2022)
Section 456.5-505 - Creditor's claim against settlor. (8/28/2022)
Section 456.5-506 - Mandatory distribution defined — overdue distribution. (8/28/2006)
Section 456.5-507 - Personal obligations of trustee. (1/1/2005)
Section 456.5-508 - Creditor claim, appointive property not subject to, when. (8/28/2016)

ARTICLE 6. REVOCABLE TRUSTS

ARTICLE 7. OFFICE OF TRUSTEE

Section 456.7-701 - Accepting of declining trusteeship. (1/1/2005)
Section 456.7-702 - Trustee's bond. (1/1/2005)
Section 456.7-703 - Cotrustees. (8/28/2006)
Section 456.7-704 - Vacancy in trusteeship — appointment of successor. (1/1/2005)
Section 456.7-705 - Resignation of trustee. (1/1/2005)
Section 456.7-706 - Removal of trustee. (8/28/2016)
Section 456.7-707 - Delivery of property by former trustee. (1/1/2005)
Section 456.7-708 - Compensation of trustee. (1/1/2005)
Section 456.7-709 - Reimbursement of expenses. (1/1/2005)

ARTICLE 8. DUTIES AND POWERS OF TRUSTEE

Section 456.8-801 - Duty to administer trust. (1/1/2005)
Section 456.8-802 - Duty of loyalty. (8/28/2008)
Section 456.8-803 - Impartiality. (1/1/2005)
Section 456.8-804 - Prudent administration. (1/1/2005)
Section 456.8-805 - Costs of administration. (1/1/2005)
Section 456.8-806 - Trustee's skills. (1/1/2005)
Section 456.8-807 - Delegation by trustee. (1/1/2005)
Section 456.8-808 - Powers to direct — trust protector, powers, limitations. (8/28/2018)
Section 456.8-809 - Control and protection of trust property. (1/1/2005)
Section 456.8-810 - Record keeping and identification of trust property. (1/1/2005)
Section 456.8-811 - Enforcement and defense of claims. (1/1/2005)
Section 456.8-812 - Collecting trust property. (1/1/2005)
Section 456.8-813 - Duty to inform and report — inapplicable, when. (8/28/2011)
Section 456.8-814 - Discretionary powers — tax savings. (8/28/2006)
Section 456.8-815 - General powers of trustee. (1/1/2005)
Section 456.8-816 - Specific powers of trustee. (8/28/2008)
Section 456.8-817 - Distribution upon termination. (1/1/2005)

ARTICLE 10. LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE

Section 456.10-1001 - Remedies for breach of trust. (1/1/2005)
Section 456.10-1002 - Damages for breach of trust. (1/1/2005)
Section 456.10-1003 - Damages in absence of breach. (1/1/2005)
Section 456.10-1004 - Attorney's fees and costs. (1/1/2005)
Section 456.10-1005 - Limitation of action against trustee. (1/1/2005)
Section 456.10-1006 - Reliance on trust instrument. (1/1/2005)
Section 456.10-1007 - Event affecting administration or distribution. (1/1/2005)
Section 456.10-1008 - Exculpation of trustee. (1/1/2005)
Section 456.10-1009 - Beneficiary's consent, release, or ratification. (1/1/2005)
Section 456.10-1010 - Limitation on personal liability of trustee. (1/1/2005)
Section 456.10-1011 - Interest as general partner. (1/1/2005)
Section 456.10-1012 - Protection of person dealing with trustee. (1/1/2005)
Section 456.10-1013 - Certification of trust. (1/1/2005)

ARTICLE 11. MISCELLANEOUS PROVISIONS

Section 456.11-1101 - Uniformity of application and construction. (1/1/2005)
Section 456.11-1102 - Electronic records and signatures. (1/1/2005)
Section 456.11-1103 - Severability clause. (1/1/2005)
Section 456.11-1104 - Effective date. (1/1/2005)
Section 456.11-1106 - Application to existing relationships. (1/1/2005)

CHAPTER CROSS REFERENCES

Bank and trust companies may transfer fiduciary obligations to another bank or trust company, procedure, 362.332
Bank and trust companies serving as trustees, investment and reinvestment of assets, power, authorized fees, 362.550
Bank and trust companies serving in fiduciary capacity may transfer fiduciary capacity to affiliate, procedure, objections to transfer, procedure, 362.331
Bank deposits in trust, paid to or on order of trustee, 362.475, 362.480
Bi-state development agency, bonds of, investment in authorized, 70.377
Cemeteries, property may be placed in trust for benefit of, 214.140
Common trust funds of corporate fiduciaries, 362.580
Corporations, formation of to execute charitable trusts, 352.030
Federal farm loan bonds, trustees may invest funds in, 362.175
Gifts to public schools, state as trustee, 166.091
Limited liability companies, Chap. 347
Principal and income act, 469.401 to 469.467
Reciprocal corporate fiduciary law, 362.600
Savings accounts in insured savings and loan associations, investment in authorized, 369.194
Trustee directed by court to convey railroad right-of-way, when, 388.390
Trustees, compensation of under trust deeds, 443.360, 443.370
Trustees, profits on legal advertisements connected with trusteeship prohibited, 493.130, 493.140
Trusts, declaration of rights, who may obtain, 527.040
Uniform act for simplification of fiduciary transfers, Chap. 403
Urban redevelopment corporation bonds, trustees may invest in, 353.150
Urban redevelopment corporation, transfer of property to by trustee, 353.120

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