Montana § 70-32-216 Tracing Homestead Proceeds

Montana Statutes

§ 70-32-216 — Tracing Homestead Proceeds

Montana § 70-32-216

Title 70PROPERTY

Ch. 32HOMESTEADS

Part 2Homestead Exemption -- Execution

This text of Montana § 70-32-216 (Tracing Homestead Proceeds) 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. § 70-32-216 (2026).

Text

70-32-216 . Tracing homestead proceeds.

(1)If property or a part of property that could have been claimed as an exempt homestead has been sold or taken by condemnation, as provided in Title 60, chapter 4, or Title 70, chapter 30, or has been lost, damaged, or destroyed and the owner has been indemnified for the property, the owner is entitled for 18 months to exemption of the proceeds that are traceable.

(2)Proceeds are traceable under this section by application of the principles of first-in first-out, last-in first-out, or any other reasonable basis for tracing selected by the judgment debtor.

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

70-32-216 . Tracing homestead proceeds. (1) If property or a part of property that could have been claimed as an exempt homestead has been sold or taken by condemnation, as provided in Title 60, chapter 4, or Title 70, chapter 30, or has been lost, damaged, or destroyed and the owner has been indemnified for the property, the owner is entitled for 18 months to exemption of the proceeds that are traceable.
(2) Proceeds are traceable under this section by application of the principles of first-in first-out, last-in first-out, or any other reasonable basis for tracing selected by the judgment debtor.