# Mont. Code Ann. § 32-1-1001: 32-1-1001 Definition of foreign trust company

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1001

## Section

- **Citation:** Mont. Code Ann. § 32-1-1001
- **Heading:** 32-1-1001 Definition of foreign trust company
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 32 / Chapter 1 / Part 10 / Section 32-1-1001

## Text

32-1-1001 . Definition of foreign trust company. (1) For the purposes of this part, the term "foreign trust company" includes each banking and trust association or corporation organized under the laws of any state other than Montana that has the power to act as trustee, guardian, or conservator and each national banking association that maintains its principal office in any state other than Montana that has been granted permission by the comptroller of the currency to act in a fiduciary capacity under the provisions of 12 U.S.C. 92a, as amended.

(2) A foreign trust company acting pursuant to this part is not a foreign corporation regulated by 32-1-402 .

## Nearby sections

- [Mont. Code Ann. § 32-1-1001 32-1-1001 Definition of foreign trust company](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1001.md)
- [Mont. Code Ann. § 32-1-1002 32-1-1002 Appointment of foreign trust companies](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1002.md)
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- [Mont. Code Ann. § 32-1-1004 32-1-1004 Service of process](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1004.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1001. Check the current official text before relying on it. Not legal advice.