72-34-304. Application of rules governing trustees' powers.


     72-34-304. Application of rules governing trustees' powers. An instrument that incorporates the powers provided in former Title 72, chapter 21, ("Montana Trustees' Powers Act") shall be considered to refer to the powers provided in 72-34-306 through 72-34-311, 72-34-316 through 72-34-323, 72-34-326 through 72-34-332, and 72-34-336 through 72-34-343. For this purpose, the trustee's powers under former Title 72, chapter 21, ("Montana Trustees' Powers Act") are not diminished and the trustee is not required to obtain court approval for exercise of a power for which court approval was not required by former law.

     History: En. Sec. 108, Ch. 685, L. 1989.