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Section 456.8-815 General powers of trustee.

MO Rev Stat § 456.8-815 (2019) (N/A)
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Effective 01 Jan 2005, see footnote

456.8-815. General powers of trustee. — 1. A trustee, without authorization by the court, may exercise:

(1) powers conferred by the terms of the trust; and

(2) except as limited by the terms of the trust:

(a) all powers over the trust property which an unmarried competent owner has over individually owned property;

(b) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(c) any other powers conferred by sections 456.1-101 to 456.11-1106.

2. The exercise of a power is subject to the fiduciary duties prescribed by section 456.8-801 to 456.8-814.

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(L. 2004 H.B. 1511)

Effective 1-01-05

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