Mont. Code § 72-40-116

Current through the 2023 Regular Session
Section 72-40-116 - Application to cotrustee

The terms of a trust may relieve a cotrustee from duty and liability with respect to another cotrustee's exercise or nonexercise of a power of the other cotrustee to the same extent that in a directed trust a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under 72-40-113 through 72-40-115.

§ 72-40-116, MCA

Added by Laws 2021, Ch. 325,Sec. 12, eff. 10/1/2021.