Montana Statutes

§ 72-3-1012 — Liability Of Distributees To Claimants

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 3 UPC -- PROBATE AND ADMINISTRATION·Part 10 Closing Estates

72-3-1012 . Liability of distributees to claimants.

(1)After assets of an estate have been distributed and subject to 72-3-1013 , an undischarged claim that is not barred may be prosecuted in a proceeding against one or more distributees. No distributee shall be liable to claimants for amounts received as exempt property, homestead or family allowances, or for amounts in excess of the value of the distributee's distribution as of the time of distribution or for amounts in excess of the value of the distributee's distribution as of the time of distribution.
(2)As between distributees, each shall bear the cost of satisfaction of unbarred claims as if the claim had been satisfied in the course of administration. Any distributee who fails to notify other distributees of the demand made upon

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

Montana § 72-3-1012 (Liability Of Distributees To Claimants) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. 91A-3-1005 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-3-1005; amd. Sec. 2385, Ch. 56, L. 2009; amd. Sec. 78, Ch. 313, L. 2019.

Nearby Sections

15
View on official source ↗