SB 166 – Modifies the law regarding the Missouri Uniform Trust Code

• Sponsor: Justus
• LR Number: 0829S.01I
• Committee: Judiciary and Civil and Criminal Jurisprudence
• Last Action: 2/23/2009 - Hearing Conducted S Judiciary and Civil and Criminal Jurisprudence Committee
• Effective Date: August 28, 2009

Current Bill Summary

SB 166 - This act authorizes trustees of irrevocable trusts to distribute trust income and principal to qualified remainder beneficiaries under certain circumstances, including a lack of distributions from the trust for a ten-year period. This act also defines the domicile of a trust's creator for the purposes of publishing notice to creditors in a local newspaper.

This act is similar to SCS/HB 239 (2009) and HB 2273 (2008).

EMILY KALMER