{"data":{"id":"us-mo/mo.-rev.-stat.-456.1-111","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 456.1-111","heading":"Nonjudicial settlement agreements.","body":"1. In this section, \"interested persons\" means persons whose consent would be required in order to achieve a binding settlement were the settlement to be approved by the court.\n2. Except as otherwise provided in subsection 3 and 6 of this section, interested persons may enter into a binding nonjudicial settlement agreement with respect to any matter involving a trust.\n3. A nonjudicial settlement agreement is valid only to the extent it does not violate a material purpose of the trust and includes terms and conditions that could be properly approved by the court under sections 456.1-101 to 456.11-1106 or other applicable law.\n4. Matters that may be resolved by a nonjudicial settlement agreement include:\n(1) the interpretation or construction of the terms of the trust;\n(2) the approval of a trustee's report or accounting;\n(3) direction to a trustee to refrain from performing a particular act or the grant to a trustee of any necessary or desirable power;\n(4) the resignation or appointment of a trustee and the determination of a trustee's compensation;\n(5) transfer of a trust's principal place of administration; and\n(6) liability of a trustee for an action relating to the trust.\n5. Any interested person may request the court to approve a nonjudicial settlement agreement, to determine whether the representation as provided in sections 456.3-301 to 456.3-305 was adequate, and to determine whether the agreement contains terms and conditions the court could have properly approved.\n6. A nonjudicial settlement agreement may not be used to terminate or modify a trust for the reasons that a court could terminate or modify a trust as set forth in subsection 1 of section 456.4-411B.","path":["Title XXXI - TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY","Chapter 456 - Trusts and Trustees — The Uniform Trust Code"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=456.1-111","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"e44504eaa654bfc362559e9a93b6c711f790439b601d3e0546c46f94297e2cad","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-456.1-110","next":"us-mo/mo.-rev.-stat.-456.1-112"},"notice":"GroundRules: Original legal text. Not legal advice."}
