{"data":{"id":"us-mo/mo.-rev.-stat.-402.130","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 402.130","heading":"Definitions.","body":"As used in sections 402.130 to 402.148, the following terms shall mean:\n(1) \"Charitable purpose\" , the relief of poverty, the advancement of education or religion, the promotion of health, the promotion of a governmental purpose, or any other purpose the achievement of which is beneficial to the community;\n(2) \"Endowment fund\" , an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term shall not include assets that an institution designates as an endowment fund for its own use;\n(3) \"Gift instrument\" , a record or records, including an institutional solicitation under which property is granted to, transferred to, or held by an institution as an institutional fund;\n(4) \"Institution\" :\n(a) A person, other than an individual, organized and operated exclusively for charitable purposes;\n(b) A government or governmental subdivision, agency, or instrumentality to the extent that it holds funds exclusively for a charitable purpose; or\n(c) A trust that had both charitable and noncharitable interests after all noncharitable interests have terminated;\n(5) \"Institutional fund\" , a fund held by an institution exclusively for charitable purposes. It shall not include:\n(a) Program-related assets;\n(b) A fund held for an institution by a trustee that is not an institution; or\n(c) A fund in which a beneficiary that is not an institution has an interest other than an interest that could arise upon violation or failure of the purposes of the fund;\n(6) \"Person\" , an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity;\n(7) \"Program-related asset\" , an asset held by an institution primarily to accomplish a charitable purpose of the institution and not primarily for investment;\n(8) \"Record\" , information that is inscribed on tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.","path":["Title XXVI - TRADE AND COMMERCE","Chapter 402 - Trust Funds for Disabled Persons"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=402.130","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"cfe4d575740f7d5ac479350fec7973f36bd1c9fb181d235b1dee7558225217d3","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-400.11-108","next":"us-mo/mo.-rev.-stat.-402.132"},"notice":"GroundRules: Original legal text. Not legal advice."}