2005 Montana Code Annotated - 72-34-330 — Holding securities in name of nominee.

     72-34-330. Holding securities in name of nominee. The trustee has the power to hold a security in the name of a nominee or in other form without disclosure of the trust so that title to the security may pass by delivery, but the trustee is liable for any act of the nominee in connection with the security so held.

     History: En. Sec. 127, Ch. 685, L. 1989.