# Mont. Code Ann. § 32-1-1002: 32-1-1002 Appointment of foreign trust companies

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1002

## Section

- **Citation:** Mont. Code Ann. § 32-1-1002
- **Heading:** 32-1-1002 Appointment of foreign trust companies
- **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 32-1-1002

## Text

32-1-1002 . Appointment of foreign trust companies. (1) A foreign trust company from a state offering reciprocity, as provided in subsection (2), may accept an appointment and act as:

(a) the trustee of any trust created by will, indenture, or other instrument by a person residing in this state, a corporation with its principal offices in this state, or a political entity located in this state;

(b) a guardian or conservator of the person, estate, or both person and estate of any resident of this state;

(c) an executor of the will or administrator of the estate of a decedent who was a resident of the state in which the foreign trust company maintains its principal office at the time of death, in ancillary probate proceedings in this state; and

(d) a guardian or conservator in ancillary proceedings in this state with respect to the property of a resident of the state in which the foreign trust company maintains its principal office.

(2) A foreign trust company may accept appointments in this state if banking or trust associations or corporations organized under the laws of this state or national banking associations that maintain their principal offices in this state are permitted to act as trustees, guardians, or conservators in the state in which the foreign trust company maintains its principal office.

## 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)
- [Mont. Code Ann. § 32-1-1003 32-1-1003 Designation of attorney for service of process](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1003.md)
- [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)
- [Mont. Code Ann. § 32-1-1005 32-1-1005 Bond](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1005.md)
- [Mont. Code Ann. § 32-1-1006 32-1-1006 Rights and duties](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1006.md)
- [Mont. Code Ann. § 32-1-1007 32-1-1007 Solicitation of business](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1007.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P10_S32-1-1002. Check the current official text before relying on it. Not legal advice.