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15 chapters · 1,595 sections in this title.
§ 402.130 RSMo Definitions
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402.130. Definitions. — As used in sections 402.130 to 402.148, the following terms shall mean: (1) "Charitable purpose", the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose the ac…
§ 402.132 RSMo Charitable purposes of the institution and fund to be considered — good faith required — authority of the institution
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402.132. Charitable purposes of the institution and fund to be considered — good faith required — authority of the institution. — 1. Subject to the intent of a donor expressed in a gift, an institution, in managing and investing an institutional fund, shall consider the charitabl…
§ 402.134 RSMo Appropriation for expenditure or accumulation of endowment fund, amount permitted — factors to consider
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402.134. Appropriation for expenditure or accumulation of endowment fund, amount permitted — factors to consider. — 1. Subject to the intent of the donor expressed in the gift instrument, an institution may appropriate for expenditure or accumulate so much of an endowment fund as…
§ 402.136 RSMo Delegation of management and investment, when — requirements of the institution
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402.136. Delegation of management and investment, when — requirements of the institution. — 1. Subject to any specific limitation set forth in a gift instrument or law not within sections 402.130 to 402.148, an institution may delegate to an external agent the management and inve…