Missouri Revised Statutes

Mo. Rev. Stat. § 469.250 (2026)

Payment or transfers to fiduciaries or at the direction of the fiduciary, effect on transferor

✓ current as of May 2026
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  469.250.  Payment or transfers to fiduciaries or at the direction of the fiduciary, effect on transferor. — A person who in good faith pays or transfers to a fiduciary or to any other person as directed by a fiduciary any money or other property which the fiduciary as such is authorized to receive, is not responsible for the proper application thereof by the fiduciary, and any right or title acquired from the fiduciary in consideration of such payment or transfer is not invalid in consequence of a misapplication by the fiduciary.

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(L. 1959 S.B. 121 § 2, A.L. 1991 S.B. 352, A.L. 2004 H.B. 1511)

Effective 7-10-91

Transferred 2004; formerly 456.250

CROSS REFERENCE:

Transfer of corporate securities by fiduciary, rights of corporation or agency, 403.250 to 430.350

Notes of Decisions
Cited in 4 cases, 1957–1975 · leading case: Ellis v. Williams, 312 S.W.2d 97 (Mo. 1958).
Ellis v. Williams, 312 S.W.2d 97 (Mo. 1958). · cites it 2× “152 ; and § 469.250, concerning suits for the assignment of dower.”
Phelps v. Domville, 303 S.W.2d 601 (Mo. 1957). · cites it 2× “Although the owner of dower usually had the right to have the dower set off in kind (see Section 469.250 et seq., V.A.M.S. c. 475 Appendix, now repealed, Laws of Missouri 1955, page 385), or when not susceptible of division in kind the owner was entitled to the yearly value…”
Possien v. Higgins, 421 S.W.2d 327 (Mo. 1967). · cites it 2× “Dower was never assigned, and no suit for assignment of dower was ever filed by plaintiff, § 469.250 RSMo 1949, V.A.M.S., or by defendant, § 469.”
Schwarberg v. Grace, 526 S.W.2d 83 (Mo. Ct. App. 1975). · cites it 2× “010, RSMo 1949 the widow of Richard “had a dower interest in a third part of all her husband’s lands”; that under § 469.250, RSMo 1949 the widow had the right to sue for the assignment of dower in the county wherein the real estate was situate; that petitioner failed to…”
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