Montana Statutes
§ 70-1-323 — Future Interest -- When Vested
Montana·Title 70 PROPERTY·Ch. 1 PROPERTY IN GENERAL REAL AND PERSONAL·Part 3 Kinds of Ownership Interests
70-1-323 . Future interest -- when vested. A future interest is vested when there is a person in being who would have a right, defeasible or indefeasible, to the immediate possession of the property upon the ceasing of the intermediate or precedent interest.
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Legislative History
En. Sec. 1115, Civ. C. 1895; re-en. Sec. 4448, Rev. C. 1907; re-en. Sec. 6690, R.C.M. 1921; Cal. Civ. C. Sec. 694; Field Civ. C. Sec. 186; re-en. Sec. 6690, R.C.M. 1935; R.C.M. 1947, 67-320.
Nearby Sections
15
§ 70-1-101
Property Defined -- Ownership§ 70-1-105
Real Or Personal§ 70-1-106
Real Property Defined§ 70-1-107
Choice Of Law As To Real Property§ 70-1-108
Personal Property Defined§ 70-1-109
Choice Of Law As To Personal Property§ 70-1-110
How Property Acquired§ 70-1-201
Original And Ultimate Title§ 70-1-202
Property Of The State -- What Included§ 70-1-203
Escheat§ 70-1-204
Acquisition By Taxation§ 70-1-205
Eminent Domain