Missouri Revised Statutes













Chapter 369

Savings and Loan Associations

←369.161

Section 369.162.1

369.164→

August 28, 2015

Irrevocable life insurance trusts--savings and loan associations may transfer fiduciary duty, when.

369.162. In addition to any other banking authority, a savings and loan

association or a savings bank with authorized trust authority and created

under the laws of this state may transfer by assignment, for consideration or

no consideration, some or all of its fiduciary obligations that consist only

of irrevocable life insurance trusts in the same way as permitted a Missouri

bank or trust company under section 362.333.



(L. 2009 H.B. 239 merged with S.B. 277)







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