Section 443.340 Court to appoint sheriff or other suitable person, when

Section 443.340 Court to appoint sheriff or other suitable person, when — power and duties of trustee.

MO Rev Stat § 443.340 (2019) (N/A)

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Effective 28 Aug 1949

443.340. Court to appoint sheriff or other suitable person, when — power and duties of trustee. — If such court shall be satisfied that the facts stated in such affidavit are true, it shall make an order appointing the sheriff, or some other suitable person of the county, trustee to execute such deed of trust, in the place of the original trustees; and thereupon such sheriff, or other suitable person appointed by said court, shall be possessed of all the rights, powers and authority possessed by the original trustee, under the deed of trust, and such sheriff or other person shall proceed to sell and convey the property and to pay off the debts and liabilities according to the directions of the deed of trust, and shall do all other acts the original trustee had power to do, and with the same force and effect.

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(RSMo 1939 § 3527, A. 1949 S.B. 1125)

Prior revisions: 1929 § 3137; 1919 § 13419; 1909 § 11920

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Section 443.350 Foreign corporation or person not to act as trustee, unless domestic corporation or resident trustee be named as cotrustee — domestic corporation under no disability because articles do not contain specific power.