Montana Statutes

§ 53-25-111 — Changes In Designated Beneficiary

Montana § 53-25-111
JurisdictionMontana
Title 53SOCIAL SERVICES AND INSTITUTIONS
Ch. 25DISABILITY INDIVIDUAL SAVINGS ACCOUNT PROGRAM
Part 1Montana Achieving a Better Life Experience Act

This text of Montana § 53-25-111 (Changes In Designated Beneficiary) 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. § 53-25-111 (2026).

Text

53-25-111 . Changes in designated beneficiary.

(1)A designated beneficiary or agent may change the designated beneficiary of an account to an individual who is a member of the family of the former designated beneficiary in accordance with procedures established by the department.
(2)If requested by a designated beneficiary or agent, all or a portion of an account may be transferred through a rollover distribution to another account for which the designated beneficiary is a member of the family of the designated beneficiary of the transferee account.
(3)Changes in designated beneficiaries and rollover distributions under this section are not permitted if the changes or rollover distributions would violate:
(a)the excess contributions provisions adopted by the department; or
(b)the inve

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Legislative History

En. Sec. 8, Ch. 436, L. 2015; amd. Sec. 7, Ch. 433, L. 2019.

Nearby Sections

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Bluebook (online)
Montana § 53-25-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/25/53-25-111.