404.094. Law of Missouri to apply, when--other state's laws applicable, when. - Missouri Statutes

Law of Missouri to apply, when--other state's laws applicable, when.

404.094. 1. Sections 404.005 to 404.094 apply to atransfer that refers to the Missouri transfers to minors law inthe designation under section 404.047 by which the transfer ismade if at the time of the transfer, the transferor, the minor orthe custodian is a resident of this state or the custodialproperty is located in this state. The custodianship so createdremains subject to sections 404.005 to 404.094 despite asubsequent change in residence of a transferor, the minor or thecustodian, or the removal of custodial property from this state.

2. A person designated as custodian under sections 404.005to 404.094 is subject to personal jurisdiction in this state withrespect to any matter relating to the custodianship.

3. A transfer that purports to be made and which is validunder the uniform transfers to minors law, the uniform gifts tominors law, or a substantially similar law, of another state isgoverned by the law of the designated state and may be executedand is enforceable in this state if at the time of the transfer,the transferor, the minor or the custodian is a resident of thedesignated state or the custodial property is located in thedesignated state.

4. A transfer that purports to be made under the uniformtransfers to minors law of Missouri or the minors custodian lawof Missouri is governed by sections 404.005 to 404.094.

(L. 1985 S.B. 35, et al. § 15, A.L. 1993 S.B. 277)