Document dated Nov. 1, 2024, received from MO LEG Oct. 24, summarized on Oct. 28.
Follows MO LEG May 7, 2024 passed bill on financial services, insurance, see #211580.
Highlights
Rules address process, requirement and fees to register a domestic and foreign family trust company, and annual registration reports that must be filed on Form FTC-03.
SB 1359 transferred oversight of family trust companies from MO SOS to MO Finance.
MO Finance determined that the content of rules proposed to be rescinded was already included in statute and thus no longer necessary to retain in an administrative rule.
Request for Comments
Comments may be sent within 30 days after publication of notice in Missouri Register.
Feb. 2025 MO Finance Final Rules
On Feb. 10, 2025, MO Finance published final adopted rulemaking in Missouri Register.
Effective 30 days after publication in Code of State Regulations, i.e. Mar. 30, 2025.
Document dated Feb. 18, 2025, received from MO LEG Feb. 10, summarized Feb. 12.
Regulators
MO Finance
Entity Types
CNSM; Corp
Reference
RF, MO SR Vol. 50 No. 4 p. 303-304, 2/18/2025; RF, MO SR Vol. 49 No. 21 p. 1606-1607, 10/24/2024; Citation: *MO FIN* 20-1140-120.020, 20-1140-120.030, 20-1140-120.040;
