Mont. Code Ann. § 72-38-121

Resulting trust upon full performance of trust

Last amended: 2013Year: 2026Length: 70 wordsOfficial source
72-38-121 . Resulting trust upon full performance of trust. When the owner of property gratuitously transfers it subject to a trust that is properly declared and that is fully performed without exhausting the trust estate, the trustee holds the surplus as a resulting trust for the transferor or the transferor's estate unless the transferor manifested in the trust instrument an intention that no resulting trust of the surplus should arise.
Mont. Code Ann. § 72-38-121: Resulting trust upon full performance of trust | Justis AI