Missouri § 469.901 Trustee duties, settlor may restrict or expand.

Missouri Statutes

§ 469.901 — Trustee duties, settlor may restrict or expand.

Missouri § 469.901

Title XXXITRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Ch. 469Disclaimers of Property

This text of Missouri § 469.901 (Trustee duties, settlor may restrict or expand.) 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. § 469.901 (2026).

Text

1.Except as otherwise provided in subsection 2 of this section, or by other applicable laws, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this act * .

2.A settlor may expand or restrict the prudent investor rule detailed in this act * by express provisions in the trust instrument. A trustee is not liable to a beneficiary for the trustee's good faith reliance on these express provisions.

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1. Except as otherwise provided in subsection 2 of this section, or by other applicable laws, a trustee who invests and manages trust assets owes a duty to the beneficiaries of the trust to comply with the prudent investor rule set forth in this act * .

2. A settlor may expand or restrict the prudent investor rule detailed in this act * by express provisions in the trust instrument. A trustee is not liable to a beneficiary for the trustee's good faith reliance on these express provisions.

Legislative History

(L. 1996 H.B. 1432, A.L. 2004 H.B. 1511) Transferred 2004; formerly 456.901 *"This act" (H.B. 1432, 1996) contained numerous sections. Consult Disposition of Sections table for a definitive listing.