Title XXVI — TRADE AND COMMERCE

15 chapters · 936 sections in this title.

936 sectionsFiltered byTitle XXVI

§ 400.1 RSMo Short titles
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[Repealed or reserved.]
§ 400.10 RSMo Provision for transition
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[Repealed or reserved.]
§ 400.11 RSMo General rule, transactions before and after code changes
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[Repealed or reserved.]
§ 400.2 RSMo Short title
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[Repealed or reserved.]
§ 400.2A RSMo Short title
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[Repealed or reserved.]
§ 400.3 RSMo Short title
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[Repealed or reserved.]
§ 400.4 RSMo Short title
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[Repealed or reserved.]
§ 400.4A RSMo Short title
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[Repealed or reserved.]
§ 400.5 RSMo Short title
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[Repealed or reserved.]
§ 400.7 RSMo Short title
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[Repealed or reserved.]
§ 400.8 RSMo Short title
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[Repealed or reserved.]
§ 400.9 RSMo Short title
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[Repealed or reserved.]
§ 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
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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
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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…
§ 402.138 RSMo Release or modification of restrictions permitted, when
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402.138. Release or modification of restrictions permitted, when. — 1. If the donor consents in a record, an institution may release or modify, in whole or in part, a restriction contained in a gift instrument on the management, investment, or purpose of an institutional fund. A …
§ 402.140 RSMo Applicability
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402.140. Applicability. — Sections 402.130 to 402.148 shall apply to institutional funds existing on or established after August 28, 2009. -------- (L. 2009 H.B. 239)
§ 402.142 RSMo Federal acts, effect of
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[Repealed or reserved.]
§ 402.144 RSMo Compliance, determined when
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402.144. Compliance, determined when. — Compliance with sections 402.130 to 402.148 is determined in light of the facts and circumstances existing at the time a decision is made or action is taken and not by hindsight. -------- (L. 2009 H.B. 239)
§ 402.146 RSMo Uniformity of law to be considered in application of law
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402.146. Uniformity of law to be considered in application of law. — In applying and construing sections 402.130 to 402.148, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. -------- (L. 200…
§ 402.148 RSMo Governing boards and directors, law not to amend duties and liabilities of
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402.148. Governing boards and directors, law not to amend duties and liabilities of. — Nothing in sections 402.130 to 402.148 shall act to amend the status of governing boards or the duties and liabilities of directors under other applicable law. -------- (L. 2009 H.B. 239)
§ 402.199 RSMo Declaration of policy — contributions to Missouri family trust not to
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402.199. Declaration of policy — contributions to Missouri family trust not to adversely impact other benefits of beneficiaries. — 1. The general assembly hereby finds and declares the following: (1) It is an essential function of state government to provide basic support and ser…
§ 402.200 RSMo Definitions
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402.200. Definitions. — As used in sections 402.199 to 402.208, the following terms mean: (1) "Beneficiary", also referred to as "life beneficiary", a person who: (a) Has been determined to have a disability or to be a disabled person; (b) Is a resident of Missouri or one of the …
§ 402.201 RSMo Board of trustees created, members, expenses — accounting of funds required
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402.201. Board of trustees created, members, expenses — accounting of funds required — assets not state moneys — immunity from liability, when. — 1. There is hereby created the "Missouri Family Trust Board of Trustees", which shall be a body corporate and an instrumentality of th…
§ 402.202 RSMo Trust accounts, restricted trust accounts, charitable trust — administered
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402.202. Trust accounts, restricted trust accounts, charitable trust — administered as Missouri family trust — pooling permitted — additional board powers. — 1. Trust accounts, restricted trust accounts, and the charitable trust shall be held and administered in trust as the Miss…
§ 402.203 RSMo Contribution of assets, by whom — trust account to be created — cotrustees
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402.203. Contribution of assets, by whom — trust account to be created — cotrustees and successors — breach of fiduciary duty, effect of — death of beneficiary, procedure — remainder distribution. — 1. A beneficiary who is a person with disabilities as defined in Section 1614(a)(…
§ 402.204 RSMo Settlor may contribute assets — trust account created — cotrustees and
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402.204. Settlor may contribute assets — trust account created — cotrustees and successors — breach of fiduciary duty, effect of — death of beneficiary, procedure — remainder distribution. — 1. Any person, as settlor, except a beneficiary or a beneficiary's spouse, may contribute…
§ 402.205 RSMo Withdrawal from trust account, when — revocation or termination of trust,
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402.205. Withdrawal from trust account, when — revocation or termination of trust, when, distribution — trust principal and income held for benefit of beneficiary. — 1. The settlor of a revocable third party trust account or the cotrustee of a revocable third party trust account …
§ 402.206 RSMo First and third party trusts, account held and administered, how
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402.206. First and third party trusts, account held and administered, how. — Each first party trust account and third party trust account shall be held and administered in trust as follows: (1) The board of trustees shall hold, administer, and distribute the principal and income …
§ 402.207 RSMo Charitable trust established, when
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402.207. Charitable trust established, when. — 1. The board of trustees shall establish a charitable trust for the benefit of individuals with disabilities. 2. The board of trustees shall accept contributions to the charitable trust at the termination of trust accounts and other …
§ 402.208 RSMo Fees authorized — periodic reports — no property interest in trust account,
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402.208. Fees authorized — periodic reports — no property interest in trust account, when. — 1. The board may establish and collect fees for administering trust accounts established pursuant to the provisions of sections 402.199 to 402.220*. 2. The board shall establish policies …
§ 403.250 RSMo Definitions
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403.250. Definitions. — In sections 403.250 to 403.350, unless the context otherwise requires: (1) "Assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer; (2) "Claim of beneficial interest" includes a cl…
§ 403.260 RSMo Registration in name of fiduciary
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403.260. Registration in name of fiduciary. — A corporation or transfer agent registering a security in the name of a person who is a fiduciary or who is described as a fiduciary is not bound to inquire into the existence, extent, or correct description of the fiduciary relations…
§ 403.270 RSMo Assignment by a fiduciary
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403.270. Assignment by a fiduciary. — Except as otherwise provided in sections 403.250 to 403.350, a corporation or transfer agent making a transfer of a security pursuant to an assignment by a fiduciary: (1) May assume without inquiry that the assignment, even though to the fidu…
§ 403.280 RSMo Evidence of appointment or incumbency
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403.280. Evidence of appointment or incumbency. — A corporation or transfer agent making a transfer pursuant to an assignment by a fiduciary who is not the registered owner shall obtain the following evidence of appointment or incumbency: (1) In the case of a fiduciary appointed …
§ 403.290 RSMo Adverse claims
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403.290. Adverse claims. — 1. A person asserting a claim of beneficial interest adverse to the transfer of a security pursuant to an assignment by a fiduciary may give the corporation or transfer agent written notice of the claim. The corporation or transfer agent is not put on n…
§ 403.300 RSMo Nonliability of corporation and transfer agent
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403.300. Nonliability of corporation and transfer agent. — A corporation or transfer agent incurs no liability to any person by making a transfer or otherwise acting in a manner authorized by sections 403.250 to 403.350. -------- (L. 1959 S.B. 241 § 6)
§ 403.310 RSMo Nonliability of third person
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403.310. Nonliability of third person. — 1. No person who participates in the acquisition, disposition, assignment or transfer of a security by or to a fiduciary including a person who guarantees the signature of the fiduciary is liable for participation in any breach of fiduciar…
§ 403.320 RSMo Territorial application
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403.320. Territorial application. — 1. The rights and duties of a corporation and its transfer agents in registering a security in the name of a fiduciary or in making a transfer of a security pursuant to an assignment by a fiduciary are governed by the law of the jurisdiction un…
§ 403.330 RSMo Tax obligations
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403.330. Tax obligations. — Sections 403.250 to 403.350 do not affect any obligation of a corporation or transfer agent with respect to estate, inheritance, succession or other taxes imposed by the laws of this state. -------- (L. 1959 S.B. 241 § 9)
§ 403.340 RSMo Uniformity of interpretation
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403.340. Uniformity of interpretation. — This law shall be so construed as to effectuate its general purpose to make uniform the law of those states which enact it. -------- (L. 1959 S.B. 241 § 10)
§ 403.350 RSMo Short title
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403.350. Short title. — Sections 403.250 to 403.350 may be cited as the "Uniform Law for Simplification of Fiduciary Security Transfers". -------- (L. 1959 S.B. 241 § 11)
§ 404.005 RSMo Law, how cited
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404.005. Law, how cited. — Sections 404.005 to 404.094 may be cited as the "Missouri Transfers to Minors Law". -------- (L. 1985 S.B. 35, et al. § 16)
§ 404.007 RSMo Definitions
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404.007. Definitions. — As used in sections 404.005 to 404.094, unless the context otherwise requires, the following terms shall mean: (1) "Adult", an individual who has attained the age of twenty-one years, notwithstanding that an individual may be an adult at a different age un…
§ 404.011 RSMo Transfer of property to a minor by transferring to a custodian, effect —
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404.011. Transfer of property to a minor by transferring to a custodian, effect — power limitations. — Property may be transferred to a person, who is a minor on the date of the transfer, by transferring the property to a custodian for the minor under sections 404.005 to 404.094.…
§ 404.014 RSMo Present transfer of property, effect
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404.014. Present transfer of property, effect. — A present transfer of property to a custodian for a minor, made by a transferor in the manner prescribed in subdivisions (1), (2), (3) and (5) of subsection 1 of section 404.047, is irrevocable and indefeasibly vests ownership of t…
§ 404.016 RSMo Future transfers of property are revocable by donor, exception
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404.016. Future transfers of property are revocable by donor, exception. — A provision in a will, trust, power of appointment, benefit plan, life or endowment insurance policy, annuity or other contract, or a pay or transfer on death direction, for a transfer of property to be ma…
§ 404.018 RSMo Custodian and third persons dealing with custodian, powers, duties, immunities
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404.018. Custodian and third persons dealing with custodian, powers, duties, immunities. — By transferring property to a custodian for a minor under sections 404.005 to 404.094, the transferor incorporates in the transfer all the provisions of sections 404.005 to 404.094 and gran…
§ 404.021 RSMo Single custodianship — but custodian may serve more than one minor
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404.021. Single custodianship — but custodian may serve more than one minor. — A transfer of property under sections 404.005 to 404.094 may be made to only one minor and only one person may be custodian of the property transferred. A person may be a custodian of property for more…