Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
< > Effective - 01 Jan 2005, 2 histories, see footnote (history)
456.5-506. Overdue distribution. — Whether or not a trust contains a spendthrift provision, a creditor or assignee of a beneficiary may reach a mandatory distribution of income or principal, including a distribution upon termination of the trust, if the trustee has not made the distribution to the beneficiary within a reasonable time after the required distribution date.
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(L. 2004 H.B. 1511)
Effective 1-1-05
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| 456.5-506 | 8/28/2006 | |||
| 456.5-506 | 1/1/2005 | 8/28/2006 | ||
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