Part 4 - MONTANA UNIFORM PRINCIPAL AND INCOME ACT

Section 72-34-401 - [Repealed]
Section 72-34-402 - [Repealed]
Section 72-34-403 - [Repealed]
Section 72-34-404 - [Repealed]
Section 72-34-405 - [Repealed]
Section 72-34-406 - [Repealed]
Section 72-34-407 - [Repealed]
Section 72-34-408 - [Repealed]
Section 72-34-409 - [Repealed]
Section 72-34-410 - [Repealed]
Section 72-34-411 - [Repealed]
Section 72-34-412 - [Repealed]
Section 72-34-413 through 72-34-415 - Reserved
Section 72-34-416 - [Repealed]
Section 72-34-417 through 72-34-420 - Reserved
Section 72-34-421 - Short title
Section 72-34-422 - Definitions
Section 72-34-423 - Allocation between principal and income - impartial exercise of discretion
Section 72-34-424 - Adjustments between principal and income
Section 72-34-425 - Notice of proposed action - objections by beneficiary - liability of trustee - proceedings
Section 72-34-426 - Proceedings relating to adjustments - remedy
Section 72-34-427 - Application of part
Section 72-34-428 - Rules applicable after decedent's death or termination of income interest
Section 72-34-429 - Beneficiary's portion of net income - maintenance of records - distribution date
Section 72-34-430 - Beneficiary's entitlement to net income - assets subject to trust - assets subject to successive income interest - termination of income interest
Section 72-34-431 - Allocation of income receipt or disbursement
Section 72-34-432 - Undistributed income - definition - payment to beneficiary
Section 72-34-433 - Allocation of receipts to income or principal - entity defined
Section 72-34-434 - Allocation of amounts received from specified trusts or estates
Section 72-34-435 - Separate accounting records for business or other activity
Section 72-34-436 - Amounts allocated to principal
Section 72-34-437 - Amounts received from rental property allocation
Section 72-34-438 - Interest on obligation to pay money - allocation
Section 72-34-439 - Life insurance policy proceeds - proceeds of contracts insuring against certain losses - allocation
Section 72-34-440 - Insubstantial allocation - allocation of entire amount to principal - exceptions
Section 72-34-441 - Payments characterized as interest or dividend - allocation to income - allocation of other payments - excess allocation to income in order to obtain estate tax marital deduction
Section 72-34-442 - Receipts from liquidating assets - allocation
Section 72-34-443 - Receipts from mineral interests and other natural resources - allocation
Section 72-34-444 - Receipts from sale of timber and related products - allocation
Section 72-34-445 - Increasing income in order to maintain marital deduction
Section 72-34-446 - Transactions in derivatives - allocations of receipts and disbursements - options to buy or sell property - allocation of amounts received or paid
Section 72-34-447 - Payments from collateral financial assets and payments in exchange for interest in asset-backed security - allocation
Section 72-34-448 - Disbursements from income
Section 72-34-449 - Disbursements from principal
Section 72-34-450 - Assets subject to depreciation - transfer from income to principal of portion of net cash receipts
Section 72-34-451 - Transfer from income to principal in anticipation of principal disbursement
Section 72-34-452 - Payment of taxes
Section 72-34-453 - Adjustments between principal and income in certain cases