§ 402.130 Definitions
§ 402.132 Charitable purposes of the institution and fund to be considered — good ..
§ 402.134 Appropriation for expenditure or accumulation of endowment fund, amount ..
§ 402.136 Delegation of management and investment, when — requirements of the institution
§ 402.138 Release or modification of restrictions permitted, when
§ 402.140 Applicability
§ 402.142 Federal acts, effect of
§ 402.144 Compliance, determined when
§ 402.146 Uniformity of law to be considered in application of law
§ 402.148 Governing boards and directors, law not to amend duties and liabilities of
§ 402.199 Declaration of policy — contributions to Missouri family trust not to ..
§ 402.200 Definitions
§ 402.201 Board of trustees created, members, expenses — accounting of funds required ..
§ 402.202 Trust accounts, restricted trust accounts, charitable trust — administered ..
§ 402.203 Contribution of assets, by whom — trust account to be created — cotrustees ..
§ 402.204 Settlor may contribute assets — trust account created — cotrustees and ..
§ 402.205 Withdrawal from trust account, when — revocation or termination of trust, ..
§ 402.206 First and third party trusts, account held and administered, how
§ 402.207 Charitable trust established, when
§ 402.208 Fees authorized — periodic reports — no property interest in trust account, ..
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Terms Used In Missouri Laws > Chapter 402 - Trust Funds for Disabled Persons

  • Advice and consent: Under the Constitution, presidential nominations for executive and judicial posts take effect only when confirmed by the Senate, and international treaties become effective only when the Senate approves them by a two-thirds vote.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Donor: The person who makes a gift.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • following: when used by way of reference to any section of the statutes, mean the section next preceding or next following that in which the reference is made, unless some other section is expressly designated in the reference. See Missouri Laws 1.020
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • hereafter: means the time after the statute containing it takes effect. See Missouri Laws 1.020
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Month: means a calendar month, and "year" means a calendar year unless otherwise expressed, and is equivalent to the words year of our Lord. See Missouri Laws 1.020
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
  • President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
  • Property: includes real and personal property. See Missouri Laws 1.020
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • State: when applied to any of the United States, includes the District of Columbia and the territories, and the words "United States" includes such district and territories. See Missouri Laws 1.020
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes such district and territories. See Missouri Laws 1.020
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.