Montana Code Annotated 2017

TITLE 70. PROPERTY

CHAPTER 29. PARTITION OF REAL PROPERTY

Part 3. Sale and Disposition of Proceeds

Proceeds Of Sale Belonging To Persons Unknown Or Out-Of-State -- How Invested

70-29-329. Proceeds of sale belonging to persons unknown or out-of-state -- how invested. Where there are proceeds of a sale belonging to an unknown owner or to a person without the state who has no legal representative within it, the same must be invested in bonds of this state or the United States for the benefit of the persons entitled thereto.

History: En. Sec. 528, p. 146, Bannack Stat.; re-en. Sec. 300, p. 195, L. 1867; re-en. Sec. 349, p. 103, Cod. Stat. 1871; rep. Sec. 627, p. 215, L. 1877; en. Sec. 1383, C. Civ. Proc. 1895; re-en. Sec. 6926, Rev. C. 1907; re-en. Sec. 9559, R.C.M. 1921; Cal. C. Civ. Proc. Sec. 788; re-en. Sec. 9559, R.C.M. 1935; R.C.M. 1947, 93-6344.