Section 3.14 To Continue a Business or Enterprise
| Library | Trusts and Powers 2013 Supp |
6. (§3.14) To Continue a Business or Enterprise
Section 456.8-816(6), RSMo Supp. 2005, provides the trustee with specific powers regarding an “interest in a proprietorship, partnership, limited liability company, business trust, corporation, or other form of business or enterprise.” A trustee is authorized to continue the business or other enterprise and to take action that may be taken “by shareholders, members, or property owners, including merging, dissolving, or otherwise changing the form of business...
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