Montana Code > Title 72 > Chapter 14 > Part 2 – Procedure for State Acquisition of Escheatable Property


§ 72-14-201	Discovery to determine existence of escheatable property
§ 72-14-202	Public administrator to deposit money with county treasurer — disbursement for administration — accounts
§ 72-14-203	Investment of deposited moneys pending proceedings
§ 72-14-204	Order directing sale of property upon final settlement of estate
§ 72-14-205	Unsold intangible personal property — how disposed of — auction sale
§ 72-14-206	Unsold real property — how disposed of — auction sale
§ 72-14-207	Unsold tangible personal property — how disposed of — auction sale
§ 72-14-208	Sales by department of revenue and county treasurer — how conducted
§ 72-14-209	Deposit of all sums escheated — private purpose trust fund
§ 72-14-210	Private purpose trust fund money to be held in trust — deposit in public school permanent fund

Deed: The legal instrument used to transfer title in real property from one person to another.
Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. ^{Source: OCC}
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
Personal property: All property that is not real property.
Personal property: means money, goods, chattels, things in action, and evidences of debt. See Montana Code 1-1-205
Probate: Proving a will
Property: means real and personal property. See Montana Code 1-1-205
Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Real property: means lands, tenements, hereditaments, and possessory title to public lands. See Montana Code 1-1-205
Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
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
United States: includes the District of Columbia and the territories. See Montana Code 1-1-201