Montana § 72-40-110 Powers Of Trust Director

Montana Statutes

§ 72-40-110 — Powers Of Trust Director

Montana § 72-40-110

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 40UNIFORM DIRECTED TRUST ACT

Part 1General Provisions

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Bluebook

Mont. Code Ann. § 72-40-110 (2026).

Text

72-40-110 . Powers of trust director.

(1)Subject to 72-40-111 , the terms of a trust may grant a power of direction to a trust director.

(2)Unless the terms of a trust provide otherwise:

(a)a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (1); and

(b)trust directors with joint powers shall act by majority decision.

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72-40-110 . Powers of trust director. (1) Subject to 72-40-111 , the terms of a trust may grant a power of direction to a trust director.
(2) Unless the terms of a trust provide otherwise:
(a) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under subsection (1); and
(b) trust directors with joint powers shall act by majority decision.