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MO HB1135

Bill

Official Source

Status

Introduced

1/8/2014

Primary Sponsor

Kevin Austin

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Amends Chapter 456, RSMo by adding section 456.2-205 to address mediation and arbitration of trust disputes.

  • Makes enforceable any provision in a trust instrument requiring mediation or arbitration of disputes between beneficiaries, fiduciaries, persons with nonfiduciary powers, or any combination thereof.

  • Prohibits enforcement of provisions requiring mediation or arbitration of disputes relating to the validity of a trust unless all interested persons consent to the mediation or arbitration.

Legislative Description

Specifies that provisions in a trust instrument requiring mediation or arbitration are enforceable, except for provisions relating to the validity of the trust

Last Action

HCS Voted Do Pass (H)

2/19/2014

Committee Referrals

Judiciary1/9/2014

Full Bill Text

No bill text available