Montana § 35-5-101 - Definition Of Business Trust
Full text of Montana Montana Code Annotated § 35-5-101 — Definition Of Business Trust, with citation guidance and answers to common questions.
§ 35-5-101. Definition Of Business Trust
Definition of business trust. In this chapter, unless the context otherwise requires, "business trust" means an unincorporated association or trust of the type which at common law was known as a "business trust" or "Massachusetts trust", created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of transferable certificates evidencing beneficial interests in the trust estate.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 35-5-101
What does Montana Code Annotated § 35-5-101 cover?
Section 35-5-101 ("Definition Of Business Trust") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 35-5-101?
A common citation format is "Montana Code Annotated § 35-5-101" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 35-5-101 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.