{"data":{"id":"us-mt/72-40-103","jurisdiction":"us-mt","citation":"72-40-103","heading":"Application -- principal place of administration.","body":"(1) This part applies to a trust, whenever created, that has its principal place of administration in this state, subject to the following rules:\n(a) if the trust was created before October 1, 2021, this part applies only to a decision or action occurring on or after October 1, 2021; and\n(b) if the principal place of administration of the trust is changed to this state on or after October 1, 2021, this part applies only to a decision or action occurring on or after the date of the change.\n(2) Without precluding other means to establish a sufficient connection with the designated jurisdiction in a directed trust, terms of the trust that designate the principal place of administration of the trust are valid and controlling if:\n(a) a principal place of business is located in or a trustee is a resident of the designated jurisdiction;\n(b) a trust director's principal place of business is located in or a trust director is a resident of the designated jurisdiction; or\n(c) all or part of the administration occurs in the designated jurisdiction.","path":["TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS","CHAPTER 40. UNIFORM DIRECTED TRUST ACT","Part 1. General Provisions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0720/chapter_0400/part_0010/section_0030/0720-0400-0010-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:59:36Z","sha256":"a03b2d707edc2498affe0fdfb9720cc669798b43ff03d8dfbb1dd04ecc292a5a","source_id":"us-mt","stale":false,"prev":"us-mt/72-40-102","next":"us-mt/72-40-104"},"notice":"GroundRules: Original legal text. Not legal advice."}