Montana § 72-6-206 Applicability Of Beneficial Ownership Provisions

Montana Statutes

§ 72-6-206 — Applicability Of Beneficial Ownership Provisions

Montana § 72-6-206

Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

Ch. 6NONPROBATE TRANSFERS ON DEATH

Part 2Multiple-Party Accounts

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Bluebook

Mont. Code Ann. § 72-6-206 (2026).

Text

72-6-206 . Applicability of beneficial ownership provisions. The provisions of 72-6-211 through 72-6-214 and 72-6-216 concerning beneficial ownership as between parties or as between parties and beneficiaries apply only to controversies between those persons and their creditors and other successors and do not apply to the right of those persons to payment as determined by the terms of the account. Sections 72-6-221 through 72-6-227 govern the liability and setoff rights of financial institutions that make payments pursuant to it.

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72-6-206 . Applicability of beneficial ownership provisions. The provisions of 72-6-211 through 72-6-214 and 72-6-216 concerning beneficial ownership as between parties or as between parties and beneficiaries apply only to controversies between those persons and their creditors and other successors and do not apply to the right of those persons to payment as determined by the terms of the account. Sections 72-6-221 through 72-6-227 govern the liability and setoff rights of financial institutions that make payments pursuant to it.