Montana Statutes
§ 72-38-401 — Methods Of Creating Trust
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 38 MONTANA UNIFORM TRUST CODE·Part 4 Creation, Validity, Modification, and Termination of Trust
72-38-401 . Methods of creating trust. A trust may be created by:
(1)transfer of property to a person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;
(2)declaration by the owner of property that the owner holds identifiable property as trustee; or
(3)exercise of a power of appointment in favor of a trustee.
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Montana § 72-38-401 (Methods Of Creating Trust) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 50, Ch. 264, L. 2013.
Nearby Sections
15
§ 72-38-1001
Remedies For Breach Of Trust§ 72-38-1002
Damages For Breach Of Trust§ 72-38-1003
Damages In Absence Of Breach§ 72-38-1004
Attorney Fees And Costs§ 72-38-1005
Limitation Of Action Against Trustee§ 72-38-1006
Reliance On Trust Instrument§ 72-38-1007
Event Affecting Administration Or Distribution§ 72-38-1008
Exculpation Of Trustee§ 72-38-1009
Beneficiary's Consent, Release, Or Ratification§ 72-38-101
Short Title§ 72-38-1010
Limitation On Personal Liability Of Trustee§ 72-38-1011
Interest As General Partner§ 72-38-1012
Protection Of Person Dealing With Trustee§ 72-38-1013
Certification Of Trust§ 72-38-102
Scope