Montana § 72-2-818 Definitions

Montana Statutes

§ 72-2-818 — Definitions

Montana § 72-2-818

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 2UPC -- INTESTACY, WILLS, AND DONATIVE TRANSFERS

Part 8General Provisions Concerning Probate and Nonprobate Transfers

This text of Montana § 72-2-818 (Definitions) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 72-2-818 (2026).

Text

72-2-818 . Definitions. As used in 72-2-817 through 72-2-833 , the following definitions apply:

(1)"Disclaimant" means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made.

(2)"Disclaimed interest" means the interest that would have passed to the disclaimant had the disclaimer not been made.

(3)"Disclaimer" means the refusal to accept an interest in or power over property.

(4)"Fiduciary" means a personal representative, trustee, agent acting under a power of attorney, or other person authorized to act as a fiduciary with respect to the property of another person.

(5)"Jointly held property" means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last su

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72-2-818 . Definitions. As used in 72-2-817 through 72-2-833 , the following definitions apply:
(1) "Disclaimant" means the person to whom a disclaimed interest or power would have passed had the disclaimer not been made.
(2) "Disclaimed interest" means the interest that would have passed to the disclaimant had the disclaimer not been made.
(3) "Disclaimer" means the refusal to accept an interest in or power over property.
(4) "Fiduciary" means a personal representative, trustee, agent acting under a power of attorney, or other person authorized to act as a fiduciary with respect to the property of another person.
(5) "Jointly held property" means property held in the name of two or more persons under an arrangement in which all holders have concurrent interests and under which the last surviving holder is entitled to the whole of the property.
(6) "Person" means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, government; governmental subdivision, agency, or instrumentality; public corporation, or any other legal or commercial entity.
(7) "State" means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. The term includes an Indian tribe or band, or Alaskan native village, recognized by federal law or formally acknowledged by a state.
(8) "Trust" means:
(a) an express trust, charitable or noncharitable, with additions thereto, whenever and however created; and
(b) a trust created pursuant to a statute, judgment, or decree which requires the trust to be administered in the manner of an express trust.