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11 chapters · 727 sections in this title.
§ 469.453 RSMo Required disbursements from principal
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469.453. Required disbursements from principal. — 1. A trustee shall make the following disbursements from principal: (1) The remaining one-half of the disbursements described in subdivisions (1) and (2) of section 469.451; (2) All of the trustee's compensation calculated on prin…
§ 469.455 RSMo Depreciation not to be transferred
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469.455. Depreciation not to be transferred. — 1. As used in this section, the term "depreciation" means a reduction in value due to wear, tear, decay, corrosion or gradual obsolescence of a fixed asset having a useful life of more than one year. 2. A trustee may transfer to prin…
§ 469.457 RSMo Principal disbursement, permitted transfers
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469.457. Principal disbursement, permitted transfers. — 1. If a trustee makes or expects to make a principal disbursement described in this section, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or…
§ 469.459 RSMo Taxes to be paid from income or principal, when
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469.459. Taxes to be paid from income or principal, when. — 1. A tax required to be paid by a trustee based on receipts allocated to income shall be paid from income. 2. A tax required to be paid by a trustee based on receipts allocated to principal shall be paid from principal, …