Montana § 72-34-437 - Amounts Received From Rental Property Allocation
Full text of Montana Montana Code Annotated § 72-34-437 — Amounts Received From Rental Property Allocation, with citation guidance and answers to common questions.
§ 72-34-437. Amounts Received From Rental Property Allocation
Amounts received from rental property allocation. Unless the trustee accounts for receipts from rental property pursuant to 72-34-435 , the trustee shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is to be applied as rent for future periods, must be added to principal and held subject to the terms of the lease and is not available for distribution to a beneficiary until the trustee's contractual obligations have been satisfied with respect to that amount.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 72-34-437
What does Montana Code Annotated § 72-34-437 cover?
Section 72-34-437 ("Amounts Received From Rental Property Allocation") 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 § 72-34-437?
A common citation format is "Montana Code Annotated § 72-34-437" (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 § 72-34-437 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.