☰ Revisor of Missouri

Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS

Chapter 369

Effective - 28 Aug 2009 bottom

  369.162.  Irrevocable life insurance trusts — savings and loan associations may transfer fiduciary duty, when. — In addition to any other banking authority, a savings and loan association or a savings bank with authorized trust authority and created under the laws of this state may transfer by assignment, for consideration or no consideration, some or all of its fiduciary obligations that consist only of irrevocable life insurance trusts in the same way as permitted a Missouri bank or trust company under section 362.333.

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(L. 2009 H.B. 239 merged with S.B. 277)


---- end of effective   28 Aug 2009 ----

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