15-63-201. Establishment of account. Prior to January 1, 2024, a first-time home buyer who is a resident of this state may establish a first-time home buyer savings account for the first-time home buyer, either individually or jointly.

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Terms Used In Montana Code 15-63-201

  • account: means an account established with an account administrator in this state pursuant to 15-63-201. See Montana Code 15-63-102
  • First-time home buyer: means an individual who has never owned or purchased under contract for deed, either individually or jointly, a single-family residence in Montana or out-of-state. See Montana Code 15-63-102
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201