Montana Code Annotated 1995

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     72-34-202. Distribution under charitable trust or private foundation. During any period when a trust is considered to be a charitable trust or a private foundation, the trustee shall distribute its income for each taxable year (and principal if necessary) at a time and in a manner that will not subject the property of the trust to tax under section 4942 of the Internal Revenue Code.

     History: En. Sec. 100, Ch. 685, L. 1989.

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