Montana § 72-38-815 General Powers Of Trustee

Montana Statutes

§ 72-38-815 — General Powers Of Trustee

Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 38 MONTANA UNIFORM TRUST CODE·Part 8 Duties and Powers of Trustee

72-38-815 . General powers of trustee.

(1)A trustee, without authorization by the court, may exercise:

(a)powers conferred by the terms of the trust; and

(b)except as limited by the terms of the trust:

(i)all powers over the trust property that an unmarried competent owner has over individually owned property;

(ii)any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(iii)any other powers conferred by this chapter.

(2)The exercise of a power is subject to the fiduciary duties prescribed by 72-38-801 through 72-38-817 .

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72-38-815 . General powers of trustee. (1) A trustee, without authorization by the court, may exercise:
(a) powers conferred by the terms of the trust; and
(b) except as limited by the terms of the trust:
(i) all powers over the trust property that an unmarried competent owner has over individually owned property;
(ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(iii) any other powers conferred by this chapter.
(2) The exercise of a power is subject to the fiduciary duties prescribed by 72-38-801 through 72-38-817 .

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