Montana § 72-26-605 Transfer Authorized By Will Or Trust

Montana Statutes

§ 72-26-605 — Transfer Authorized By Will Or Trust

Montana § 72-26-605

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 26UNIFORM TRANSFERS TO MINORS ACT

Part 6Manner of Creating Custodial Property and Effecting Transfer

This text of Montana § 72-26-605 (Transfer Authorized By Will Or Trust) 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. § 72-26-605 (2026).

Text

72-26-605 . Transfer authorized by will or trust.

(1)A personal representative or trustee may make an irrevocable transfer pursuant to 72-26-603 to a custodian for the benefit of a minor as authorized in the governing will or trust.

(2)If the testator or settlor has nominated a custodian under 72-26-601 to receive the custodial property, the transfer must be made to that person.

(3)If the testator or settlor has not nominated a custodian under 72-26-601 or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under 72-26-603 (1).

Free access — add to your briefcase to read the full text and ask questions with AI

72-26-605 . Transfer authorized by will or trust. (1) A personal representative or trustee may make an irrevocable transfer pursuant to 72-26-603 to a custodian for the benefit of a minor as authorized in the governing will or trust.
(2) If the testator or settlor has nominated a custodian under 72-26-601 to receive the custodial property, the transfer must be made to that person.
(3) If the testator or settlor has not nominated a custodian under 72-26-601 or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under 72-26-603 (1).

Legislative History

En. Sec. 7, Ch. 102, L. 1985.

Nearby Sections

15

§ 72-26-101

Text

Legislative History

Nearby Sections

Cite This Page — Counsel Stack