Mo. Rev. Stat. § 362.1037: Management authority, exclusively vested.
Where this section sits in the code
- Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS
- Chapter 362 - Banks and Trust Companies
Exclusive authority to manage a family trust company shall be vested in:
(1) If a corporation, a board of directors that consists of at least three directors; or
(2) If a limited liability company, a board of directors or managers that consists of at least three directors or managers.
At least one director or manager of the company shall be a resident of this state.
Collected 2026-09-03T22:23:27Z. Source file · JSON