{"data":{"id":"us-mt/72-38-822","jurisdiction":"us-mt","citation":"72-38-822","heading":"Restrictions on trustees under charitable trust, private foundations, or split-interest trust.","body":"During any period when a trust is considered to be a charitable trust, a private foundation, or a split-interest trust, the trustee may not do any of the following:\n(1) engage in any act of self-dealing as defined in section 4941(d) of the Internal Revenue Code;\n(2) retain any excess business holdings as defined in section 4943(c) of the Internal Revenue Code;\n(3) make any investments in a manner that subjects the property of the trust to tax under section 4944 of the Internal Revenue Code; or\n(4) make any taxable expenditure as defined in section 4945(d) of the Internal Revenue Code.","path":["TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS","CHAPTER 38. MONTANA UNIFORM TRUST CODE","Part 8. Duties and Powers of Trustee"],"source_url":"https://mca.legmt.gov/bills/mca/title_0720/chapter_0380/part_0080/section_0220/0720-0380-0080-0220.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:59:34Z","sha256":"a3e0a904ddc789321898703dbb2aacf33a3d6bd316a5393206fb5e1f45e7240d","source_id":"us-mt","stale":false,"prev":"us-mt/72-38-821","next":"us-mt/72-38-823"},"notice":"GroundRules: Original legal text. Not legal advice."}