FIRST REGULAR SESSION

[TRULY AGREED TO AND FINALLY PASSED]

HOUSE BILL NO. 220

94TH GENERAL ASSEMBLY

0866L.01T                                                                                          2007

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            Section A. Section 456.5-501, RSMo, is repealed and one new section enacted in lieu thereof, to be known as section 456.5-501, to read as follows: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.

•