Summary of the Truly Agreed Version of the Bill

SB 277 -- IRREVOCABLE LIFE INSURANCE TRUSTS

This bill allows certain banks, trust companies, savings and loan
associations, and savings banks to transfer by assignment some or
all of its fiduciary obligations consisting of irrevocable life
insurance trusts to the Missouri trust office of an out-of-state
bank with trust powers or an out-of-state trust company.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 1st Regular Session
Last Updated November 17, 2009 at 9:26 am