Montana Code Annotated
Chapter 34. Principal and Income
Part 4. Montana Uniform Principal and Income Act

72-34-401. Repealed - 72-34-401. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-402. Repealed - 72-34-402. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-403. Repealed - 72-34-403. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-404. Repealed - 72-34-404. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-405. Repealed - 72-34-405. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-406. Repealed - 72-34-406. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-407. Repealed - 72-34-407. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-408. Repealed - 72-34-408. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-409. Repealed - 72-34-409. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-410. Repealed - 72-34-410. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-411. Repealed - 72-34-411. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

72-34-412. Repealed - 72-34-412. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

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

72-34-416. Repealed - 72-34-416. Repealed. Sec. 34, Ch. 506, L. 2003. History: En....

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

72-34-421. Short title - 72-34-421. Short title. This part may be cited as the...

72-34-422. Definitions - 72-34-422. Definitions. As used in this part, unless the context...

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

72-34-424. Adjustments between principal and income - 72-34-424. Adjustments between principal and income. (1) Subject to subsection...

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

72-34-426. Proceedings relating to adjustments -- remedy - 72-34-426. Proceedings relating to adjustments -- remedy. In a proceeding...

72-34-427. Application of part - 72-34-427. Application of part. This part applies to every trust...

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

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

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

72-34-431. Allocation of income receipt or disbursement - 72-34-431. Allocation of income receipt or disbursement. (1) A trustee...

72-34-432. Undistributed income -- definition -- payment to beneficiary - 72-34-432. Undistributed income -- definition -- payment to beneficiary. (1)...

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

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

72-34-435. Separate accounting records for business or other activity - 72-34-435. Separate accounting records for business or other activity. (1)...

72-34-436. Amounts allocated to principal - 72-34-436. Amounts allocated to principal. A trustee shall allocate to...

72-34-437. Amounts received from rental property allocation - 72-34-437. Amounts received from rental property allocation. Unless the trustee...

72-34-438. Interest on obligation to pay money -- allocation - 72-34-438. Interest on obligation to pay money -- allocation. (1)...

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

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

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 - 72-34-441. Payments characterized as interest or dividend -- allocation to...

72-34-442. Receipts from liquidating assets -- allocation - 72-34-442. Receipts from liquidating assets -- allocation. (1) In this...

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

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

72-34-445. Increasing income in order to maintain marital deduction - 72-34-445. Increasing income in order to maintain marital deduction. (1)...

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

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

72-34-448. Disbursements from income - 72-34-448. Disbursements from income. A trustee shall make the following...

72-34-449. Disbursements from principal - 72-34-449. Disbursements from principal. (1) A trustee shall make the...

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

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

72-34-452. Payment of taxes - 72-34-452. Payment of taxes. (1) A tax required to be...

72-34-453. Adjustments between principal and income in certain cases - 72-34-453. Adjustments between principal and income in certain cases. (1)...