Section 2.45 Commingling of Trust Assets

• Library: Trusts and Powers 2013 Supp

d. (§2.45) Commingling of Trust Assets

A trustee risks removal for nonperformance of a duty to
keep trust property separate from individual property, § 456.8-810.2, RSMo Supp. 2005, reasonably separate it from the property of others, and designate trust property as such. See:

· Restatement (Second) of Trusts § 179 (1959)

· 12 U.S.C. § 92a(c)

· 12 C.F.R. §§ 9.8(a), 9.13, and 9.18(a)(1)

· Restatement (Second) of Trusts § 205 cmt. f

· Gaston v. Hayden, 73 S.W. 938 (Mo. App. W.D. 1903)

· Powers v. Johnson...