{"data":{"id":"us-mo/mo.-rev.-stat.-469.457","jurisdiction":"us-mo","citation":"Mo. Rev. Stat. § 469.457","heading":"Principal disbursement, permitted transfers.","body":"1. If a trustee makes or expects to make a principal disbursement described in this section, the trustee may transfer an appropriate amount from income to principal in one or more accounting periods to reimburse principal or to provide a reserve for future principal disbursements.\n2. Principal disbursements to which subsection 1 of this section applies include the following, but only to the extent that the trustee has not been and does not expect to be reimbursed by a third party:\n(1) An amount chargeable to income but paid from principal because it is unusually large, including extraordinary repairs;\n(2) Disbursements made to prepare property for rental, including tenant allowances, leasehold improvements, and broker's commissions;\n(3) Periodic payments on an obligation secured by a principal asset to the extent that the amount transferred from income to principal for depreciation is less than the periodic payments; and\n(4) Disbursements described in subdivision (7) of subsection 1 of section 469.453.\n3. If the asset whose ownership gives rise to the disbursements becomes subject to a successive income interest after an income interest ends, a trustee may continue to transfer amounts from income to principal as provided in subsection 1 of this section.","path":["Title XXXI - TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY","Chapter 469 - Disclaimers of Property"],"source_url":"https://revisor.mo.gov/main/OneSection.aspx?section=469.457","current_through":"2026 legislative session (floor)","vintage":"","retrieved_at":"2026-09-03T22:23:28Z","sha256":"f8bd1841fd22a34b8c504c4d5f66952bf980edc4b4f4d449b3ab30d89603c674","source_id":"us-mo","stale":false,"prev":"us-mo/mo.-rev.-stat.-469.455","next":"us-mo/mo.-rev.-stat.-469.459"},"notice":"GroundRules: Original legal text. Not legal advice."}