Missouri § 469.250 Payment or transfers to fiduciaries or at the direction of the fiduciary, effect on transferor.

Missouri Statutes

§ 469.250 — Payment or transfers to fiduciaries or at the direction of the fiduciary, effect on transferor.

Missouri § 469.250

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 469Disclaimers of Property

This text of Missouri § 469.250 (Payment or transfers to fiduciaries or at the direction of the fiduciary, effect on transferor.) is published on Counsel Stack Legal Research, covering Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mo. Rev. Stat. § 469.250 (2026).

Text

A person who in good faith pays or transfers to a fiduciary or to any other person as directed by a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary, and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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A person who in good faith pays or transfers to a fiduciary or to any other person as directed by a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary, and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

Legislative History

(L. 1959 S.B. 121 § 2, A.L. 1991 S.B. 352, A.L. 2004 H.B. 1511) Effective 7-10-91 Transferred 2004; formerly 456.250 Transfer of corporate securities by fiduciary, rights of corporation or agency, 403.250 to 430.350