Missouri Laws 86.247 – Annual valuation of assets and liabilities
Current as of: 2023 | Check for updates
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Terms Used In Missouri Laws 86.247
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
On the basis of such tables as the board of trustees shall adopt, the actuary shall make an annual valuation of the assets and liabilities of the system created by sections 86.200 to 86.366.