Montana Code 30-10-906. Scope
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30-10-906. Scope. This part applies to any person who sells or offers to sell a living trust in this state or when an offer to buy a living trust is made and accepted in this state. An offer to sell or buy is made in this state, whether or not either party is then present in this state, if the offer either originates in this state or is directed by the offeror to this state and is received at the place to which it is directed or at any post office in this state in the case of a mailed offer.
Terms Used In Montana Code 30-10-906
- Living trust: means either an irrevocable or a revocable inter vivos trust. See Montana Code 30-10-903
- offer to sell: includes an attempt or offer to dispose of a living trust for value or a solicitation of an offer to buy a living trust for value. See Montana Code 30-10-903
- Person: means an individual, corporation, partnership, association, joint-stock company, or unincorporated organization. See Montana Code 30-10-903
- 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