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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
Section 456.026 - Rule against perpetuities, trust subject to, when.
Universal Citation: MO Rev Stat § 456.026 (2022)
Effective - 28 Aug 2022
456.026. Rule against perpetuities, trust subject to, when. — For purposes of determining whether a trust that is subject to the rule against perpetuities violates said rule, if there is only one beneficiary of the trust who is entitled or eligible to receive distributions of income or principal from the trust, such beneficiary holds a general power of appointment over the trust, and no other person has a power to appoint any part of the trust to anyone other than the beneficiary, then the beneficiary has a vested interest in the trust, regardless of whether such general power is presently exercisable or is exercisable only at the powerholder's death.
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(L. 2022 S.B. 886)
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