Montana § 72-38-821 - Distribution Under Charitable Trust Or Private Foundation
Full text of Montana Montana Code Annotated § 72-38-821 — Distribution Under Charitable Trust Or Private Foundation, with citation guidance and answers to common questions.
§ 72-38-821. Distribution Under Charitable Trust Or Private Foundation
Distribution under charitable trust or private foundation. During any period when a trust is considered to be a charitable trust or a private foundation, the trustee shall distribute its income for each taxable year (and principal if necessary) at a time and in a manner that will not subject the property of the trust to tax under section 4942 of the Internal Revenue Code.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 72-38-821
What does Montana Code Annotated § 72-38-821 cover?
Section 72-38-821 ("Distribution Under Charitable Trust Or Private Foundation") 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 § 72-38-821?
A common citation format is "Montana Code Annotated § 72-38-821" (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 § 72-38-821 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.