Montana § 35-5-204 - Powers Of Business Trust To Be Specified In Instrument -- Binding Effect Of Instrument
Full text of Montana Montana Code Annotated § 35-5-204 — Powers Of Business Trust To Be Specified In Instrument -- Binding Effect Of Instrument, with citation guidance and answers to common questions.
§ 35-5-204. Powers Of Business Trust To Be Specified In Instrument -- Binding Effect Of Instrument
Powers of business trust to be specified in instrument -- binding effect of instrument. (1) Subject to the provisions of 35-5-205 , the powers and authority of any business trust authorized under this chapter to transact business in this state shall be as specified in the instrument by which it was created, as amended, which instrument shall be construed and interpreted in accordance with the law applicable to such business trust, provided that no business trust shall engage in any activity in this state which would violate the public policy of this state or engage in any business in this state which private corporations for profit organized under the laws of this state may not legally transact. (2) Subject to the limitations on power and authority as provided in subsection (1) of this section, any person dealing with a business trust authorized under this chapter to transact business in this state shall be bound by the terms and conditions of the instrument by which the business trust was created and by any amendments thereto which have been filed and recorded in compliance with 35-5-203 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 35-5-204
What does Montana Code Annotated § 35-5-204 cover?
Section 35-5-204 ("Powers Of Business Trust To Be Specified In Instrument -- Binding Effect Of Instrument") 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 § 35-5-204?
A common citation format is "Montana Code Annotated § 35-5-204" (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 § 35-5-204 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.