Montana Code Annotated 2023

TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 39. UNIFORM TRUST DECANTING ACT

Part 2. Decanting

Need To Distribute Not Required

72-39-217. Need to distribute not required. An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of principal at the time of the exercise.

History: En. Sec. 21, Ch. 177, L. 2021.