Montana § 30-10-903 Definitions

Montana Statutes

§ 30-10-903 — Definitions

Montana·Title 30 TRADE AND COMMERCE·Ch. 10 SECURITIES REGULATION·Part 9 Montana Living Trust Act

30-10-903 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:

(1)(a) "Living trust" means either an irrevocable or a revocable inter vivos trust.

(b)The term does not include an account with a POD designation, as defined in 72-6-201 .

(2)"Offer" or "offer to sell" includes an attempt or offer to dispose of a living trust for value or a solicitation of an offer to buy a living trust for value.

(3)"Person" means an individual, corporation, partnership, association, joint-stock company, or unincorporated organization.

(4)"Sale" includes each contract of sale, contract to sell, or disposition of a living trust for value.

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30-10-903 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) (a) "Living trust" means either an irrevocable or a revocable inter vivos trust.
(b) The term does not include an account with a POD designation, as defined in 72-6-201 .
(2) "Offer" or "offer to sell" includes an attempt or offer to dispose of a living trust for value or a solicitation of an offer to buy a living trust for value.
(3) "Person" means an individual, corporation, partnership, association, joint-stock company, or unincorporated organization.
(4) "Sale" includes each contract of sale, contract to sell, or disposition of a living trust for value.

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