Montana Statutes
§ 72-1-109 — Acts By Holder Of General Power
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 1 UNIFORM PROBATE CODE GENERAL PROVISIONS·Part 1 Short Title, Definitions, Construction, and General Provisions
72-1-109 . Acts by holder of general power. For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative, including relief from liability or penalty for failure to post bond, or to perform other duties, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.
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Legislative History
En. 91A-1-108 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-1-108.
Nearby Sections
15
§ 72-1-101
Short Title -- Purpose§ 72-1-102
Repealed§ 72-1-103
General Definitions§ 72-1-105
Construction Against Implied Repeal§ 72-1-106
Uniform Probate Code To Take Precedence§ 72-1-107
Effective Date -- Applicability§ 72-1-108
Evidence Of Death Or Status§ 72-1-109
Acts By Holder Of General Power§ 72-1-110
Repealed§ 72-1-201
Territorial Application§ 72-1-202
Subject Matter Jurisdiction§ 72-1-204
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