Fiduciary books and records, how maintained — assets not subject to debts..
Known as the Missouri Family Trust Company Act
The act spans §§ 362–362 (204 sections).
Effective: 28 Aug 2017; (L. 2017 H.B. 292)
1. A family trust company shall maintain its fiduciary books and records separate and distinct from other records of the company and shall segregate all assets held in any fiduciary capacity from other assets of the company.
2. Assets received or held in a fiduciary capacity by a family trust company shall not be subject to the debts or obligations of the company.
Official source: Missouri Revisor of Statutes. Reproduced from public-domain Missouri statutes; confirm against the official source for the current text. Not legal advice.