461.081. Nonprobate transfer laws to be effective when--prior transfers to be valid. - Missouri Statutes

Nonprobate transfer laws to be effective when--prior transfers to bevalid.

461.081. 1. Sections 461.003 to 461.081 shall apply tobeneficiary designations for nonprobate transfers made on andafter August 28, 1989. Sections 461.003 to 461.081 shall applyto all nonprobate transfers occurring on and after January 1,1990.

2. Any provision for a nonprobate transfer of money,benefits or property at death as now permitted in sections461.003 to 461.081, purported to have been made before August 28,1989, is validated notwithstanding that there was no specificstatutory authority for making the nonprobate transfer in thatmanner at the time provision for the nonprobate transfer wasmade.

(L. 1989 H.B. 145 § 43)