§ 32-1-701 Short title
§ 32-1-702 Application
§ 32-1-703 Common trust fund allowed
§ 32-1-704 Accounting for trust funds
§ 32-1-705 Construction
§ 32-1-706 Common trust funds established
§ 32-1-707 Affiliated defined
§ 32-1-708 Limited application of insurance law — exemption

Terms Used In Montana Code > Title 32 > Chapter 1 > Part 7 - Uniform Common Trust Act

  • 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
  • Fiduciary: A trustee, executor, or administrator.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • 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
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201