Montana § 72-34-434 Allocation Of Amounts Received From Specified Trusts Or Estates

Montana Statutes

§ 72-34-434 — Allocation Of Amounts Received From Specified Trusts Or Estates

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 34 PRINCIPAL AND INCOME·Part 4 Montana Uniform Principal and Income Act

72-34-434 . Allocation of amounts received from specified trusts or estates. A trustee shall allocate to income an amount received as a distribution of income from a trust or a decedent's estate, other than an interest in an investment entity, in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from the trust or estate.

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72-34-434 . Allocation of amounts received from specified trusts or estates. A trustee shall allocate to income an amount received as a distribution of income from a trust or a decedent's estate, other than an interest in an investment entity, in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from the trust or estate.

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