FIRST REGULAR SESSION
[PERFECTED]
94TH GENERAL ASSEMBLY
INTRODUCED BY REPRESENTATIVE STEVENSON.
Pre-filed January 2, 2007 and copies ordered printed.
Read 1st time January 3, 2007.
Read 2nd time January 4, 2007 and referred to the Committee on Judiciary February 1, 2007.
Reported from the Committee on Judiciary February 21, 2007 with recommendation that the bill Do Pass. Referred to the Committee on Rules pursuant to Rule 25(21)(f).
Reported from the Committee on Rules February 27, 2007 with recommendation that the bill Do Pass.
Taken up for Perfection March 6, 2007. Bill ordered Perfected and printed.
D. ADAM CRUMBLISS, Chief Clerk
AN ACT
To repeal section 456.5-501, RSMo, and to enact in lieu thereof one new section relating to the Missouri uniform trust code.
Be it enacted by the General Assembly of the state of Missouri, as follows:
Section A. Section 456.5-501, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 456.5-501, to read as follows:
456.5-501. Except as otherwise provided in sections [456.5-506] 456.5-502 to 456.5-507, to the extent a beneficiary's interest is not subject to a spendthrift provision, an assignee or a judgment creditor of the beneficiary may, without court order, reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.
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