Montana § 72-6-205 Designation Of Agent

Montana Statutes

§ 72-6-205 — Designation Of Agent

Montana § 72-6-205

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 6NONPROBATE TRANSFERS ON DEATH

Part 2Multiple-Party Accounts

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Bluebook

Mont. Code Ann. § 72-6-205 (2026).

Text

72-6-205 . Designation of agent.

(1)By a writing signed by all parties, the parties may designate as agent of all parties on an account a person other than a party.

(2)Unless the terms of an agency designation provide that the authority of the agent terminates on disability or incapacity of a party, the agent's authority survives disability and incapacity. The agent may act for a disabled or incapacitated party until the authority of the agent is terminated.

(3)Death of the sole party or last-surviving party terminates the authority of an agent.

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72-6-205 . Designation of agent. (1) By a writing signed by all parties, the parties may designate as agent of all parties on an account a person other than a party.
(2) Unless the terms of an agency designation provide that the authority of the agent terminates on disability or incapacity of a party, the agent's authority survives disability and incapacity. The agent may act for a disabled or incapacitated party until the authority of the agent is terminated.
(3) Death of the sole party or last-surviving party terminates the authority of an agent.