Montana Statutes

§ 72-6-227 — Setoff

Montana § 72-6-227
JurisdictionMontana
Title 72ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
Ch. 6NONPROBATE TRANSFERS ON DEATH
Part 2Multiple-Party Accounts

This text of Montana § 72-6-227 (Setoff) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mont. Code Ann. § 72-6-227 (2026).

Text

72-6-227 . Setoff. Without qualifying any other statutory right to setoff or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to setoff against the account. The amount of the account subject to setoff is either the proportion to which the party is, or immediately before death was, beneficially entitled under 72-6-211 or, in the absence of proof of that proportion, an equal share with all parties.

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Legislative History

En. Sec. 102, Ch. 494, L. 1993.

Nearby Sections

15
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Bluebook (online)
Montana § 72-6-227, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/6/72-6-227.