Montana § 72-34-448 Disbursements From Income

Montana Statutes

§ 72-34-448 — Disbursements From Income

Montana § 72-34-448

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 34PRINCIPAL AND INCOME

Part 4Montana Uniform Principal and Income Act

This text of Montana § 72-34-448 (Disbursements From Income) 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. § 72-34-448 (2026).

Text

72-34-448 . Disbursements from income. A trustee shall make the following disbursements from income to the extent that they are not disbursements to which 72-34-428 (3)(b) or (3)(c) applies:

(1)except as otherwise ordered by the court, one-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee;

(2)except as otherwise ordered by the court, one-half of all expenses for accountings, judicial proceedings, or other matters that involve both the income and remainder interests;

(3)all of the other ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed agains

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72-34-448 . Disbursements from income. A trustee shall make the following disbursements from income to the extent that they are not disbursements to which 72-34-428 (3)(b) or (3)(c) applies:
(1) except as otherwise ordered by the court, one-half of the regular compensation of the trustee and of any person providing investment advisory or custodial services to the trustee;
(2) except as otherwise ordered by the court, one-half of all expenses for accountings, judicial proceedings, or other matters that involve both the income and remainder interests;
(3) all of the other ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including interest, ordinary repairs, regularly recurring taxes assessed against principal, and expenses of a proceeding or other matter that concerns primarily the income interest; and
(4) all recurring premiums on insurance covering the loss of a principal asset or the loss of income from or use of the asset.