There is a newer version
of
this Section
2017 Montana Code Annotated
TITLE 30. TRADE AND COMMERCE
CHAPTER 10. SECURITIES REGULATION
Part 9. Montana Living Trust Act
30-10-903. Definitions
Universal Citation: MT Code § 30-10-903 (2017)
30-10-903. Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) (a) "Living trust" means either an irrevocable or a revocable inter vivos trust.
(b) The term does not include an account with a POD designation, as defined in 72-6-201.
(2) "Offer" or "offer to sell" includes an attempt or offer to dispose of a living trust for value or a solicitation of an offer to buy a living trust for value.
(3) "Person" means an individual, corporation, partnership, association, joint-stock company, or unincorporated organization.
(4) "Sale" includes each contract of sale, contract to sell, or disposition of a living trust for value.
History: En. Sec. 3, Ch. 348, L. 1997.
Disclaimer: These codes may not be the most recent version. Montana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
