Code · Montana · Title 72 — Estates, Trusts, and Fiduciary Relationships · Chapter 7 · Part 3

72-7-307. Impermissible appointment.

54 words·~1 min read·/mt/title-72/chapter-7/part-3/72-7-307

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

72-7-307 . Impermissible appointment.

(1)Except as otherwise provided in 72-7-306 , an exercise of a power of appointment in favor of an impermissible appointee is ineffective.

(2)An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.