Missouri Laws 475.380 – Definitions

As used in sections 475.380 to 475.480:

(1) “Person” means an individual, a partnership, a corporation or an association;

Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Fiduciary: A trustee, executor, or administrator.
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
Property: includes real and personal property. See Missouri Laws 1.020
United States: includes such district and territories. See Missouri Laws 1.020
Ward: a minor or an incapacitated person for whom a guardian, limited guardian, or standby guardian has been appointed. See Missouri Laws 475.010

(2) “Veterans administration” means the Veterans Administration, its predecessors or successor;

(3) “Income” means moneys received from the Veterans Administration and revenue or profit from any property wholly or partially acquired therewith;

(4) “Estate” means income on hand and assets acquired partially or wholly with income;

(5) “Benefits” means all moneys paid or payable by the United States through the Veterans Administration;

(6) “Administrator” means the administrator of Veterans Affairs of the United States or his successor;

(7) “Ward” means a beneficiary of the Veterans Administration;

(8) “Guardian” means any fiduciary for the person or estate of a ward.

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