Montana Statutes
§ 72-6-213 — Alteration Of Rights
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 6 NONPROBATE TRANSFERS ON DEATH·Part 2 Multiple-Party Accounts
72-6-213 . Alteration of rights.
(1)Rights at death under 72-6-212 are determined by the terms of the account at the death of a party.
(2)Except as provided in subsection (3) and unless otherwise agreed in writing between the parties to the account, the terms of an account may be altered by written notice given by a party to the financial institution to change the terms of account or to stop or vary payment under the terms of the account. The notice must be signed by a party and received by the financial institution during the party's lifetime.
(3)A financial institution may, in its discretion, refuse to honor a request for alteration of rights that would change:
(a)the financial institution's obligations or rights under the contract of deposit; or
(b)the parties to a multiple-party a
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Legislative History
En. Sec. 92, Ch. 494, L. 1993; amd. Sec. 30, Ch. 592, L. 1995; amd. Sec. 4, Ch. 279, L. 1997.
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