Montana § 72-40-117 Limitation Of Action Against Trust Director

Montana Statutes

§ 72-40-117 — Limitation Of Action Against Trust Director

Montana § 72-40-117

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 40UNIFORM DIRECTED TRUST ACT

Part 1General Provisions

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Bluebook

Mont. Code Ann. § 72-40-117 (2026).

Text

72-40-117 . Limitation of action against trust director.

(1)An action against a trust director for breach of trust must be commenced within the same limitation period as under 72-38-1005 for an action for breach of trust against a trustee in a like position and under similar circumstances.

(2)A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have under 72-38-1005 in an action for breach of trust against a trustee in a like position and under similar circumstances.

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72-40-117 . Limitation of action against trust director. (1) An action against a trust director for breach of trust must be commenced within the same limitation period as under 72-38-1005 for an action for breach of trust against a trustee in a like position and under similar circumstances.
(2) A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have under 72-38-1005 in an action for breach of trust against a trustee in a like position and under similar circumstances.