LegalFix
Sign In

Section 456.7-707 Delivery of property by former trustee.

MO Rev Stat § 456.7-707 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Effective 01 Jan 2005, see footnote

456.7-707. Delivery of property by former trustee. — 1. Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.

2. A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to it.

­­--------

(L. 2004 H.B. 1511)

Effective 1-01-05

Previous Section
Section 456.7-706 Removal of trustee.
Next Section
Section 456.7-708 Compensation of trustee.