Montana Statutes

§ 72-38-820 — Definitions

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

72-38-820 . Definitions. As used in 72-38-820 through 72-38-826 , the following definitions apply:

(1)"Charitable trust" means a charitable trust as described in section 4947(a)(1) of the Internal Revenue Code.
(2)"Private foundation" means a private foundation as defined in section 509 of the Internal Revenue Code.
(3)"Split-interest trust" means a split-interest trust as described in section 4947(a)(2) of the Internal Revenue Code.

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Legislative History

En. Sec. 105, Ch. 264, L. 2013.

Nearby Sections

15
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