reglab/housing_qa huggingface dataset:
MO Rev Stat § 404.440 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.440 - Transfer of property to personal custodian for incapacitated beneficiary — effect — powers, duties, and immunities of custodian — single custodian may serve more than one beneficiary.

Effective - 28 Aug 1989   404.440. Transfer of property to personal custodian for incapacitated beneficiary — effect — powers, duties, and immunities of custodian — single custodian may serve more than one beneficiary. — 1. Property may be transferred to an adult beneficiary, including a beneficiary who is or may become an incapacitated person on or after the date of the transfer, by transferring the property to a personal custodian for the beneficiary under sections 404.400 to 404.650.  2. By transferring property to a personal custodian for a beneficiary under sections 404.400 to 404.650, the transferor incorporates in the transfer all the provisions of sections 404.400 to 404.650 and grants to the personal custodian and third persons dealing with the personal custodian, the respective powers, rights and immunities provided in sections 404.400 to 404.650. By holding property for a beneficiary as personal custodian under sections 404.400 to 404.650, the personal custodian assumes the obligation to administer the custodial property for the beneficiary as prescribed in sections 404.400 to 404.650 and the provisions of any written agreement between the transferor and personal custodian.  3. Only one person may be personal custodian under sections 404.400 to 404.650 of the property transferred. A person may be a personal custodian of property for more than one beneficiary, but the personal custodian shall separately hold and administer the custodial property for each beneficiary unless the property is transferred to the personal custodian for the use and benefit of multiple beneficiaries in accordance with subdivision (6) of subsection 1 of section 404.540. ­­-------- (L. 1986 S.B. 651 § 3 subsecs. 1, 4, 5, A.L. 1989 H.B. 145)
MO Rev Stat § 404.450 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.450 - Present transfer, effect.

Effective - 28 Aug 1986   404.450. Present transfer, effect. — A present transfer of property to a personal custodian for a beneficiary, made by a transferor in the manner prescribed in subdivisions (1), (2), (3) and (5) of subsection 1 of section 404.540, is irrevocable and indefeasibly vests ownership of the property in the beneficiary subject to the personal custodianship provided in sections 404.400 to 404.650 for the benefit of the beneficiary, and neither the beneficiary nor an incapacitated beneficiary's legal representative has any right, power, duty or authority with respect to the custodial property except as prescribed in sections 404.400 to 404.650. ­­-------- (L. 1986 S.B. 651 § 3 subsec. 2)
MO Rev Stat § 404.460 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.460 - Future transfers of property revocable by donor, exception.

Effective - 28 Aug 1986   404.460. Future transfers of property revocable by donor, exception. — A provision in a will, trust, power of appointment, benefit plan, life or endowment insurance policy, annuity or other contract, or a pay or transfer on death direction, for a transfer of property to be made in the future to a custodian for a beneficiary, made by a donor in the manner prescribed in subdivision (4) of subsection 1 of section 404.540, remains revocable by the donor until the property becomes transferable in accordance with the terms of the governing instrument to the beneficiary or a personal custodian for the beneficiary under sections 404.400 to 404.650, unless expressly made irrevocable at the time provision for the gift is made or subsequently. ­­-------- (L. 1986 S.B. 651 § 3 subsec. 3)
MO Rev Stat § 404.470 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.470 - Custodian designation by donor on present transfer, who may serve.

Effective - 28 Aug 1986   404.470. Custodian designation by donor on present transfer, who may serve. — A donor making a present transfer of property to a beneficiary may designate and transfer the property to any adult person or financial institution, including the donor, as personal custodian for the beneficiary under sections 404.400 to 404.650. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 1)
MO Rev Stat § 404.480 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.480 - Custodian designation by donor for future transfer, who may serve — lapse of custodianship, effect — substitute custodians, power to designate — revocation.

Effective - 28 Aug 1986   404.480. Custodian designation by donor for future transfer, who may serve — lapse of custodianship, effect — substitute custodians, power to designate — revocation. — 1. A donor making a future transfer of property to a beneficiary under a will, trust, deed, power of appointment, benefit plan, life or endowment insurance policy, annuity or other contract, or a pay or transfer on death direction, may revocably designate, or grant to another person a general or limited power to revocably designate, any adult person or financial institution, including the holder of the power, as personal custodian under sections 404.400 to 404.650 for a beneficiary who may be an incapacitated person at the time the property becomes transferable.  2. When the property becomes transferable to the beneficiary, the donor's personal representative, trustee, benefit plan, insurance company or contract obligor shall transfer the property to the designated personal custodian in the manner prescribed in subdivisions (1), (2), (3) and (5) of subsection 1 of section 404.540 for the type of property to be transferred. If, at the time the property becomes transferable, the beneficiary is not an incapacitated person, the personal custodian designation shall lapse and the property may be transferred directly to the beneficiary.  3. The designation of a personal custodian for a future transfer of property may include the designation of one or more substitute personal custodians to whom the property shall be transferred in the order named in the event the prior named personal custodian declines or is not qualified to serve as personal custodian, or is deceased or incapacitated. A donor or a person exercising a power from a donor may revoke or change the designation of a personal custodian or substitute personal custodian for a future transfer of property by revoking the designation or making a new designation before the property becomes transferable. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 2)
MO Rev Stat § 404.490 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.490 - Custodian designation by person indebted to beneficiary, who may serve — court approval required, court's powers.

Effective - 28 Aug 1986   404.490. Custodian designation by person indebted to beneficiary, who may serve — court approval required, court's powers. — 1. If there is no appointed conservator for administration of an incapacitated beneficiary's estate, any person indebted to an incapacitated beneficiary, including a personal representative, trustee, benefit plan, insurance company, agency of any state or of the United States, or any person holding property belonging to an incapacitated beneficiary, not having a power from a donor to designate a personal custodian, may designate and transfer the property to any adult person or financial institution, including the transferor if a member of the beneficiary's family, as personal custodian for the incapacitated beneficiary under sections 404.400 to 404.650.  2. Approval of the court shall be obtained for any designation under subsection 1 of this section of a personal custodian that is not a financial institution, if the value of the property at the time of transfer to the designated personal custodian exceeds ten thousand dollars. The court may approve the designation under subsection 1 of this section of any person to act as personal custodian to hold and administer the property with or without bond and with or without court supervision, upon such terms as the court may require, and may order transfer of the property to a court supervised conservator. ­­-------- (L. 1986 S.B. 651 § 4 subsecs. 3, 4)
MO Rev Stat § 404.500 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.500 - Acceptance of additional property by custodian, court approval required, court's powers.

Effective - 28 Aug 1986   404.500. Acceptance of additional property by custodian, court approval required, court's powers. — When a personal custodianship has been established for a beneficiary, the court may authorize the personal custodian to accept and receive into the personal custodianship any additional property that belongs to a beneficiary who is or has become incapacitated, with or without bond and with or without court supervision, upon such terms and conditions as the court may require. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 6)
MO Rev Stat § 404.510 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.510 - Court's designation of custodian, when — who may serve, court's powers.

Effective - 28 Aug 1986   404.510. Court's designation of custodian, when — who may serve, court's powers. — If the court determines under chapter 475 that full administration of an incapacitated person's estate is not required, the court may designate and direct that all or a part of the property owned by the incapacitated person be transferred to any adult person or financial institution, including a court appointed conservator or guardian, to hold and administer under sections 404.400 to 404.650 as personal custodian for the incapacitated beneficiary, with or without bond and with or without court supervision, upon such terms and conditions as the court may require. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 7)
MO Rev Stat § 404.520 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.520 - Custodian's rights in other property of beneficiary.

Effective - 28 Aug 1986   404.520. Custodian's rights in other property of beneficiary. — A personal custodian has no right because of designation as personal custodian to possession, control, income or proceeds of any property belonging to the beneficiary that is not transferred to the personal custodian by the beneficiary, a donor or a person indebted to the beneficiary, except as authorized by the court under sections 404.500 and 404.510. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 8)
MO Rev Stat § 404.530 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.530 - Qualifications of personal custodians, transfer to person not qualified, effect.

Effective - 28 Aug 1989   404.530. Qualifications of personal custodians, transfer to person not qualified, effect. — An adult person or financial institution shall not be qualified to be designated personal custodian for property of a beneficiary who is a resident of this state if the person or financial institution is not qualified to be appointed conservator of the estate of the beneficiary under subsection 2 of section 475.055 or if the financial institution is not legally authorized to do business in this state. A transfer of property to a person not qualified to act as personal custodian for the beneficiary under sections 404.400 to 404.650 subjects the person to removal as personal custodian under subsection 9 of section 404.590, but does not affect the beneficiary's ownership of the property and the immunities of third persons dealing with the personal custodian, nor relieve the unqualified person of any duties or responsibilities imposed on personal custodians under sections 404.400 to 404.650. ­­-------- (L. 1986 S.B. 651 § 4 subsec. 5, A.L. 1989 H.B. 145)
MO Rev Stat § 404.545 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.545 - Custodial trusts, transfer of property, how — legal title, beneficial title, held how — laws applicable to.

Effective - 28 Aug 1989   404.545. Custodial trusts, transfer of property, how — legal title, beneficial title, held how — laws applicable to. — 1. A personal custodianship for an adult beneficiary shall be treated as a custodial trust whenever property is transferred to any adult person or financial institution followed in substance with the words "as custodial trustee for ______ (name of beneficiary or beneficiaries) under the Missouri Personal Custodian Law".  2. When property is placed in the name of a custodial trustee, legal title to the custodial property resides in the custodial trustee and beneficial ownership of the custodial property is indefeasibly vested in the custodial beneficiary, subject to the provisions of sections 404.400 to 404.650.  3. A transfer of property to a custodial trustee under the Missouri personal custodian law incorporates in the transfer all the provisions of sections 404.400 to 404.650 and grants to the custodial trustee, beneficiary and third persons dealing with the custodial trustee, the respective powers, rights and immunities provided in sections 404.400 to 404.650. By holding property for a beneficiary as custodial trustee under sections 404.400 to 404.650, the custodial trustee assumes the obligation to administer the custodial property for the beneficiary as prescribed in sections 404.400 to 404.650 and the provisions of any written trust agreement between the transferor or beneficiary and the custodial trustee.  4. The provisions in sections 404.400 to 404.650 respecting court proceedings, court jurisdiction and court powers shall apply to custodial trusts under this section to the same extent as they apply to personal custodianships.  5. The law applicable to trusts and trustees, including chapter 456, shall apply to custodial trusts under this section in addition to sections 404.400 to 404.650, insofar as such law does not conflict with sections 404.400 to 404.650.  6. An inter vivos or testamentary trust that is not a custodial trust under this section may incorporate any provision of sections 404.400 to 404.650 into the governing document of the trust; and the statute as incorporated shall apply with the same force of law as it applies to a custodial trust, including sections respecting court proceedings, court jurisdiction and court powers. ­­-------- (L. 1989 H.B. 145)
MO Rev Stat § 404.580 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.580 - Compensation and expenses of custodian — bond required, when — custodian's claims not lien on custodial property.

Effective - 28 Aug 1986   404.580. Compensation and expenses of custodian — bond required, when — custodian's claims not lien on custodial property. — 1. Subject to any written agreement with the beneficiary, a personal custodian is entitled to reimbursement from custodial property for reasonable expenses incurred in the performance of the personal custodian's duties.  2. Subject to any written agreement, a personal custodian who is not a donor may each year elect to receive from the custodial property reasonable compensation for services as personal custodian. If an election is not affirmatively made during the calendar year, the right to compensation for that year shall lapse.  3. A personal custodian is not required to give a bond for the performance of the personal custodian's duties unless required by court order.  4. No claim of a personal custodian for expenses or compensation shall constitute a claim or lien on custodial property transferred by the personal custodian to a third person or to the beneficiary. ­­-------- (L. 1986 S.B. 651 § 7)
MO Rev Stat § 404.600 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.600 - Exemption of third person from liability.

Effective - 28 Aug 1986   404.600. Exemption of third person from liability. — A third person, including an issuer of securities, transfer agent, financial institution, broker, life insurance company, benefit plan, personal representative or trustee, in good faith and without court order, may act on the instructions of or otherwise deal with any person purporting to make a transfer under sections 404.400 to 404.650 or purporting to act in the capacity of a personal custodian, successor personal custodian or legal representative of a personal custodian and, in the absence of actual knowledge, is not responsible for determining:  (1) The validity of the purported personal custodian's or successor personal custodian's designation;  (2) The propriety of, or the authority under sections 404.400 to 404.650 or under a contract between the beneficiary and personal custodian for, any act of the purported personal custodian;  (3) The validity or propriety under sections 404.400 to 404.650 of any instrument or instructions executed or given by the person purporting to make a transfer under sections 404.400 to 404.650 or by the purported personal custodian;  (4) The propriety of the application or use of any custodial property by the personal custodian;  (5) The validity of a delivery of custodial property by a personal custodian or legal representative of a personal custodian to a successor personal custodian;  (6) The validity of a delivery of custodial property by the personal custodian to the beneficiary or whether the beneficiary is incapacitated at the time of the delivery; or  (7) Whether the beneficiary is under any legal disability or incapacity at the time or subsequent to when any act is performed by or for the beneficiary with respect to the personal custodianship. ­­-------- (L. 1986 S.B. 651 § 9)
MO Rev Stat § 404.610 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.610 - Liability to third persons.

Effective - 28 Aug 1986   404.610. Liability to third persons. — 1. A claim based on: (i) a contract entered into by a personal custodian acting in a custodial capacity, (ii) an obligation arising from the ownership or control of custodial property, or (iii) a tort committed during the personal custodianship, may be asserted against the custodial property by proceeding against the personal custodian in the custodial capacity.  2. A personal custodian is not personally liable:  (1) On a contract properly entered into in the custodial capacity unless the personal custodian fails to reveal that capacity and to identify the personal custodianship in the contract; or  (2) For an obligation arising from control of custodial property or for a tort committed during the personal custodianship unless the personal custodian is personally at fault.  3. A beneficiary is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the personal custodianship unless the beneficiary is personally at fault. ­­-------- (L. 1986 S.B. 651 § 10)
MO Rev Stat § 404.630 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.630 - Uniformity of application and construction — not to be exclusive method of transferring property to an incapacitated person.

Effective - 28 Aug 1986   404.630. Uniformity of application and construction — not to be exclusive method of transferring property to an incapacitated person. — 1. Sections 404.400 to 404.650 shall be applied and construed to effectuate their general purpose to make uniform the law with respect to the subject of sections 404.400 to 404.650 among states enacting a similar law.  2. Sections 404.400 to 404.650 shall not be construed as providing an exclusive method of placing property in the custody of another person or transferring property to an incapacitated person. ­­-------- (L. 1986 S.B. 651 § 12)
MO Rev Stat § 404.640 (2021)
2021 Missouri Revised Statutes|Title XXVI - Trade and Commerce|Chapter 404 - Transfers to Minors — Personal Custodian and Durable Power of Attorney|Section 404.640 - Jurisdiction for transfers to personal custodianship.

Effective - 28 Aug 1986   404.640. Jurisdiction for transfers to personal custodianship. — 1. The probate division of the circuit court may hear and determine all matters pertaining to personal custodians and the administration of personal custodianships under sections 404.400 to 404.650.  2. The provisions of chapter 472 apply to judicial proceedings involving personal custodianships to the extent they apply to judicial proceedings involving trusts and are not inconsistent with sections 404.400 to 404.650.  3. If the probate division of the circuit court appoints a guardian or conservator for a beneficiary of a personal custodianship, after notice and hearing, the court may specify in an order the duties and responsibilities of the beneficiary's legal representatives and personal custodians and the manner in which they shall coordinate the exercise of their respective powers and duties for and on behalf of the beneficiary.  4. Upon the filing of any petition as provided in sections 404.400 to 404.650, the court shall issue an order directed to such persons and returnable on such notice as the court may require, to show cause why the relief prayed for in the petition should not be granted and, in due course, shall proceed to grant such relief as the court finds to be in the best interest of the beneficiary of the personal custodianship. ­­-------- (L. 1986 S.B. 651 § 13)