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Mont. Code Ann. § 72-38-121

Resulting trust upon full performance of trust

Known as the Montana Uniform Trust Code

The act spans §§ 72-38-1001 to 72-38-906 (139 sections).

En

When the owner of property gratuitously transfers it subject to a trust that is properly declared and that is fully performed without exhausting the trust estate, the trustee holds the surplus as a resulting trust for the transferor or the transferor's estate unless the transferor manifested in the trust instrument an intention that no resulting trust of the surplus should arise.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.