Management authority, exclusively vested.

Mo. Rev. Stat. § 362.1037
in effect
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362.1037. Management authority, exclusively vested. — Exclusive authority to manage a family trust company shall be vested in: (1) If a corporation, a board of directors that consists of at least three directors; or (2) If a limited liability company, a board of directors or managers that consists of at least three directors or managers. At least one director or manager of the company shall be a resident of this state. (L. 2017 H.B. 292, A.L. 2020 S.B. 599)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://revisor.mo.gov/main/OneSection.aspx?section=362.1037Fetched: 10/17/2026
Mo. Rev. Stat. § 362.1037 — Management authority, exclusively vested | Revised Statutes of Missouri (Aug. 2026 snapshot) | Corpus