Montana § 72-26-703 Use Of Custodial Property

Montana Statutes

§ 72-26-703 — Use Of Custodial Property

Montana § 72-26-703

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 26UNIFORM TRANSFERS TO MINORS ACT

Part 7Administration by Custodian -- Liability

This text of Montana § 72-26-703 (Use Of Custodial Property) 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. § 72-26-703 (2026).

Text

72-26-703 . Use of custodial property.

(1)A custodian may deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to:

(a)the duty or ability of the custodian personally or of any other person to support the minor; or

(b)any other income or property of the minor which may be applicable or available for that purpose.

(2)On petition of an interested person or the minor if the minor has attained the age of 14 years, the court may order the custodian to deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the court considers advisable for the use and benefit of the minor.

(3)A delivery, paymen

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72-26-703 . Use of custodial property. (1) A custodian may deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the custodian considers advisable for the use and benefit of the minor, without court order and without regard to:
(a) the duty or ability of the custodian personally or of any other person to support the minor; or
(b) any other income or property of the minor which may be applicable or available for that purpose.
(2) On petition of an interested person or the minor if the minor has attained the age of 14 years, the court may order the custodian to deliver or pay to the minor or expend for the minor's benefit so much of the custodial property as the court considers advisable for the use and benefit of the minor.
(3) A delivery, payment, or expenditure under this section is in addition to, not in substitution for, and does not affect any obligation of a person to support the minor.

Legislative History

En. Sec. 16, Ch. 102, L. 1985.

Nearby Sections

15

§ 72-26-101

Text

Legislative History

Nearby Sections

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