SB 166 - Justus, Jolie
Modifies the law regarding the Missouri Uniform Trust Code
Bill Details
Sponsor
LR Number
0829S.01I
Title
SB 166
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2009
Current Status
Hearing Conducted S Judiciary and Civil and Criminal Jurisprudence Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 166 - This act authorizes trustees of irrevocable trusts to distribute trust income and principal to qualified remainder beneficiaries under certain circumstances, including a lack of distributions from the trust for a ten-year period. This act also defines the domicile of a trust's creator for the purposes of publishing notice to creditors in a local newspaper.
This act is similar to SCS/HB 239 (2009) and HB 2273 (2008).
EMILY KALMER