Montana Statutes

§ 32-1-704 — Accounting For Trust Funds

Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 1 BANKS AND TRUST COMPANIES·Part 7 Uniform Common Trust Act
32-1-704 . Accounting for trust funds. Unless ordered by a court of competent jurisdiction, the bank or trust company operating such common trust funds is not required to render a court accounting with regard to such funds, but it may, by application to the district court, secure approval of such an accounting on such conditions as the court may establish.

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Legislative History

En. Sec. 2, Ch. 64, L. 1955; R.C.M. 1947, 5-1402.

Nearby Sections

15
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