1. MCA Contents
  2. TITLE 72
  3. CHAPTER 38
  4. Part 8
  5. 72-38-820 Definitions

Montana Code Annotated 2023

TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 38. MONTANA UNIFORM TRUST CODE

Part 8. Duties and Powers of Trustee

Definitions

72-38-820. Definitions. As used in 72-38-820 through 72-38-826, the following definitions apply:

(1) "Charitable trust" means a charitable trust as described in section 4947(a)(1) of the Internal Revenue Code.

(2) "Private foundation" means a private foundation as defined in section 509 of the Internal Revenue Code.

(3) "Split-interest trust" means a split-interest trust as described in section 4947(a)(2) of the Internal Revenue Code.

History: En. Sec. 105, Ch. 264, L. 2013.