{"data":{"id":"us-mo/mo.-rev.-stat.-362.1037","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 362.1037","heading":"Management authority, exclusively vested.","body":"Exclusive authority to manage a family trust company shall be vested in:\n(1) If a corporation, a board of directors that consists of at least three directors; or\n(2) If a limited liability company, a board of directors or managers that consists of at least three directors or managers.\nAt least one director or manager of the company shall be a resident of this state.","path":["Title XXIV - BUSINESS AND FINANCIAL INSTITUTIONS","Chapter 362 - Banks and Trust Companies"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=362.1037","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:27Z","sha256":"2582912d03be201dce2989fd03a8b3adf8b03c17ef7e1dae2557fd4183c448ba","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-362.1035","next":"us-mo/mo.-rev.-stat.-362.1040"},"notice":"GroundRules: Original legal text. Not legal advice."}