456.8-810. Record keeping and identification of trust property. - Missouri Statutes

Record keeping and identification of trust property.

456.8-810. 1. A trustee shall keep adequate records of theadministration of the trust.

2. A trustee shall keep trust property separate from the trustee'sown property.

3. Except as otherwise provided in subsection 4 of this section, atrustee shall cause the trust property to be designated so that theinterest of the trust, to the extent feasible, appears in recordsmaintained by a party other than a trustee or beneficiary.

4. If the trustee maintains records clearly indicating the respectiveinterests, a trustee may invest as a whole the property of two or moreseparate trusts.

(L. 2004 H.B. 1511)

Effective 1-01-05