Missouri Laws 456.8-803 – Impartiality
Current as of: 2024 | Check for updates
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Terms Used In Missouri Laws 456.8-803
- Property: includes real and personal property. See Missouri Laws 1.020
- Trustee: A person or institution holding and administering property in trust.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries’ respective interests.