Montana Code 32-1-448. Payments to foreign administrator
Current as of: 2023 | Check for updates
|
Other versions
32-1-448. Payments to foreign administrator. Any bank doing business in this state may pay any money remaining to the credit of a deceased depositor or deliver any personal property in its possession belonging to such deceased depositor to an administrator or executor of such depositor duly appointed and qualified in another state, provided no demand therefor shall have been previously made by an administrator or executor appointed in any county of this state, and such payment shall discharge the bank making the same from its liability on account of such deposit.
Terms Used In Montana Code 32-1-448
- bank: as used in this chapter means any corporation that has been incorporated to conduct the business of receiving money on deposit or transacting a trust or investment business, as defined in this chapter. See Montana Code 32-1-102
- Doing business in this state: means located in this state or having a physical branch bank location in this state. See Montana Code 32-1-109
- Executor: A male person named in a will to carry out the decedent
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201