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Missouri · Through 2026 legislative session (floor)

Mo. Rev. Stat. § 469.910: Trust terms and phrases, definition.

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Where this section sits in the code
  1. Title XXXI - TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY
  2. Chapter 469 - Disclaimers of Property

The following terms or comparable language in the provisions of a trust, unless otherwise limited or modified, authorize any investment or strategy permitted under this act*: "investments permissible by law for investment of trust funds", "legal investments", "authorized investments", "using the judgment and care under the circumstances then prevailing that persons of prudence, discretion, and intelligence exercise in the management of their own affairs, not in regard to speculation but in regard to the permanent disposition of their funds, considering the probable income as well as the probable safety of their capital", "prudent man rule", "prudent trustee rule", "prudent person rule", and "prudent investor rule".

Collected 2026-09-03T22:23:28Z. Source file · JSON

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