Montana Statutes
§ 72-6-203 — Types Of Account -- Existing Accounts
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 2 Multiple-Party Accounts
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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Legislative History
En. Sec. 86, Ch. 494, L. 1993.
Nearby Sections
15
§ 72-6-101
Renumbered 72-9-101§ 72-6-102
Renumbered 72-9-102§ 72-6-103
Renumbered 72-9-103§ 72-6-104
Through 72-6-106 Reserved§ 72-6-107
Renumbered 72-9-107§ 72-6-108
Renumbered 72-9-108§ 72-6-109
Renumbered 72-9-109§ 72-6-110
Renumbered 72-9-110§ 72-6-111
Nonprobate Transfers On Death§ 72-6-113
Reserved§ 72-6-114
Renumbered 72-9-114§ 72-6-115
Renumbered 72-9-115§ 72-6-116
Renumbered 72-9-116§ 72-6-117
Through 72-6-119 Reserved