Section 461.081 Nonprobate transfer laws to be effective when

Section 461.081 Nonprobate transfer laws to be effective when — prior transfers to be valid.

MO Rev Stat § 461.081 (2019) (N/A)

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Effective 28 Aug 1989

461.081. Nonprobate transfer laws to be effective when — prior transfers to be valid. — 1. Sections 461.003 to 461.081 shall apply to beneficiary designations for nonprobate transfers made on and after August 28, 1989. Sections 461.003 to 461.081 shall apply to all nonprobate transfers occurring on and after January 1, 1990.

2. Any provision for a nonprobate transfer of money, benefits or property at death as now permitted in sections 461.003 to 461.081, purported to have been made before August 28, 1989, is validated notwithstanding that there was no specific statutory authority for making the nonprobate transfer in that manner at the time provision for the nonprobate transfer was made.

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(L. 1989 H.B. 145 § 43)

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Section 461.079 Beneficiary designation valid under law of another state enforceable in Missouri — effect of transfer determined by local law selected in document or designation.

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Section 461.300 Recipients of recoverable transfer to pay pro rata share of all property received to cover statutory allowances and claims due estate, enforced by action for accounting, time limitation — action effect on transferring entity.