Montana Code Annotated
Part 4. Montana Uniform Principal and Income Act
72-34-403. Repealed

Montana Code Annotated

Title 72. Estates, Trusts, and Fiduciary Relationships

Chapter 34. Principal and Income

Part 4. Montana Uniform Principal and Income Act

72-34-401. Repealed

72-34-402. Repealed

72-34-403. Repealed

72-34-404. Repealed

72-34-405. Repealed

72-34-406. Repealed

72-34-407. Repealed

72-34-408. Repealed

72-34-409. Repealed

72-34-410. Repealed

72-34-411. Repealed

72-34-412. Repealed

72-34-413. through 72-34-415 reserved

72-34-416. Repealed

72-34-417. through 72-34-420 reserved

72-34-421. Short title

72-34-422. Definitions

72-34-423. Allocation between principal and income -- impartial exercise of discretion

72-34-424. Adjustments between principal and income

72-34-425. Notice of proposed action -- objections by beneficiary -- liability of trustee -- proceedings

72-34-426. Proceedings relating to adjustments -- remedy

72-34-427. Application of part

72-34-428. Rules applicable after decedent's death or termination of income interest

72-34-429. Beneficiary's portion of net income -- maintenance of records -- distribution date

72-34-430. Beneficiary's entitlement to net income -- assets subject to trust -- assets subject to successive income interest -- termination of income interest

72-34-431. Allocation of income receipt or disbursement

72-34-432. Undistributed income -- definition -- payment to beneficiary

72-34-433. Allocation of receipts to income or principal -- entity defined

72-34-434. Allocation of amounts received from specified trusts or estates

72-34-435. Separate accounting records for business or other activity

72-34-436. Amounts allocated to principal

72-34-437. Amounts received from rental property allocation

72-34-438. Interest on obligation to pay money -- allocation

72-34-439. Life insurance policy proceeds -- proceeds of contracts insuring against certain losses -- allocation

72-34-440. Insubstantial allocation -- allocation of entire amount to principal -- exceptions

72-34-441. Payments characterized as interest or dividend -- allocation to income -- allocation of other payments -- excess allocation to income in order to obtain estate tax marital deduction

72-34-442. Receipts from liquidating assets -- allocation

72-34-443. Receipts from mineral interests and other natural resources -- allocation

72-34-444. Receipts from sale of timber and related products -- allocation

72-34-445. Increasing income in order to maintain marital deduction

72-34-446. Transactions in derivatives -- allocations of receipts and disbursements -- options to buy or sell property -- allocation of amounts received or paid

72-34-447. Payments from collateral financial assets and payments in exchange for interest in asset-backed security -- allocation

72-34-448. Disbursements from income

72-34-449. Disbursements from principal

72-34-450. Assets subject to depreciation -- transfer from income to principal of portion of net cash receipts

72-34-451. Transfer from income to principal in anticipation of principal disbursement

72-34-452. Payment of taxes

72-34-453. Adjustments between principal and income in certain cases