Montana § 72-6-203 Types Of Account -- Existing Accounts

Montana Statutes

§ 72-6-203 — Types Of Account -- Existing Accounts

Montana § 72-6-203

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 6NONPROBATE TRANSFERS ON DEATH

Part 2Multiple-Party Accounts

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Bluebook

Mont. Code Ann. § 72-6-203 (2026).

Text

72-6-203 . Types of account -- existing accounts.

(1)An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to 72-6-212 (3), either a single-party account or a multiple-party account may have a POD designation, an agency designation, or both.

(2)An account established before, on, or after October 1, 1993, whether in the form prescribed in 72-6-204 or in any other form, is either a single-party account or a multiple-party account, with or without right of survivorship and with or without a POD designation or an agency designation, within the meaning of this part, and is governed by this part.

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72-6-203 . Types of account -- existing accounts. (1) An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to 72-6-212 (3), either a single-party account or a multiple-party account may have a POD designation, an agency designation, or both.
(2) An account established before, on, or after October 1, 1993, whether in the form prescribed in 72-6-204 or in any other form, is either a single-party account or a multiple-party account, with or without right of survivorship and with or without a POD designation or an agency designation, within the meaning of this part, and is governed by this part.