Montana Code Annotated 1997

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     72-34-206. Proceedings. (1) A proceeding contemplated by section 101(l)(3) of the federal Tax Reform Act of 1969 (Public Law 91-172) may be commenced pursuant to 72-35-301 by the organization involved. All specifically named beneficiaries of the organization and the attorney general shall be parties to the proceedings. Notwithstanding 72-35-101, this provision is not exclusive and does not limit any jurisdiction that otherwise exists.
     (2) If an instrument creating a trust affected by this section has been recorded, a notice of pendency of judicial proceedings under this section shall be recorded in a similar manner within 10 days from the commencement of the proceedings. A duly certified copy of any final judgment or decree in the proceedings shall be similarly recorded.

     History: En. Sec. 104, Ch. 685, L. 1989.

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