{"data":{"id":"us-mt/72-26-606","jurisdiction":"us-mt","citation":"72-26-606","heading":"Other transfer by fiduciary.","body":"(1) Subject to subsection (3), a personal representative or trustee may make an irrevocable transfer to another adult or trust company as custodian for the benefit of a minor pursuant to 72-26-603, in the absence of a will or under a will or trust that does not contain an authorization to do so.\n(2) Subject to subsection (3), a conservator may make an irrevocable transfer to another adult or trust company as custodian for the benefit of the minor pursuant to 72-26-603.\n(3) A transfer under subsection (1) or (2) may be made only if:\n(a) the personal representative, trustee, or conservator considers the transfer to be in the best interest of the minor;\n(b) the transfer is not prohibited by or inconsistent with provisions of the applicable will, trust agreement, or other governing instrument; and\n(c) the transfer is authorized by the court if it exceeds $10,000 in value.","path":["TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS","CHAPTER 26. UNIFORM TRANSFERS TO MINORS ACT","Part 6. Manner of Creating Custodial Property and Effecting Transfer"],"source_url":"https://mca.legmt.gov/bills/mca/title_0720/chapter_0260/part_0060/section_0060/0720-0260-0060-0060.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:59:22Z","sha256":"d1a2a2e411206483fa075af52a8a9cb4cec5ae525ef712e6d01ca04be5cd329f","source_id":"us-mt","stale":false,"prev":"us-mt/72-26-605","next":"us-mt/72-26-607"},"notice":"GroundRules: Original legal text. Not legal advice."}