Montana Code Annotated

Mont. Code Ann. § 72-34-124 (2026)

Repealed

✓ current as of May 2026
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TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 34. PRINCIPAL AND INCOME

Part 1. Duties of Trustees (Renumbered and Repealed)

Repealed

72-34-124. Repealed. Sec. 162, Ch. 264, L. 2013.

History: En. Sec. 92, Ch. 685, L. 1989.

Notes of Decisions
Cited in 3 cases, 2000–2005 · leading case: Montanans for the Responsible Use of the Sch. Trust v. Darkenwald, 2005 MT 190, 119 P.3d 27.
Montanans for the Responsible Use of the Sch. Trust v. Darkenwald, 2005 MT 190, 119 P.3d 27. · cites it 6× “The Land Board accounted for the exact amount of interest and bonuses deposited into the General Fund and reported it to the school trust's beneficiaries, as evidenced by the fact that Montrust has been able to ascertain that exact amount throughout this litigation.”
In Re the Guardianship & Conservatorship of Saylor, 2005 MT 236, 121 P.3d 532. · cites it 2× “Elizabeth and Deane alleged that Tim had failed to keep Elizabeth reasonably informed concerning his administration of Elizabeth’s Montana estate in response to her reasonable request, in violation of §§ 72-34-124 and 125, MCA, fiduciary duties imposed upon him by § 72-5-423,…”
Trunnels v. Schmidt (In re Schmidt), 249 B.R. 13 (Bankr. D. Mont. 2000). “…take control of and preserve trust property); § 72-34-110 (duty to keep trust property separate and identified); and § 72-34-124 (general duty to report information to beneficiaries). These statutory duties are important; however, the application of these duties must consider…”
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