# Mont. Code Ann. § 72-38-104: 72-38-104 Knowledge

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-104

## Section

- **Citation:** Mont. Code Ann. § 72-38-104
- **Heading:** 72-38-104 Knowledge
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 72 / Chapter 38 / Part 1 / Section 72-38-104

## Text

72-38-104 . Knowledge. (1) Subject to subsection (2), a person has knowledge of or knows a fact if the person:

(a) has actual knowledge of it;

(b) has received a notice or notification of it; or

(c) from all the facts and circumstances known to the person at the time in question, has reason to know it.

(2) An organization that conducts activities through employees has notice or knowledge of a fact involving a trust only from the time the information was received by an employee having responsibility to act for the trust or would have been brought to the employee's attention if the organization had exercised reasonable diligence. An organization exercises reasonable diligence if it maintains reasonable routines for communicating significant information to the employee having responsibility to act for the trust and there is reasonable compliance with the routines. Reasonable diligence does not require an employee of the organization to communicate information unless the communication is part of the individual's regular duties or the individual knows a matter involving the trust would be materially affected by the information.

## Nearby sections

- [Mont. Code Ann. § 72-38-101 72-38-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-101.md)
- [Mont. Code Ann. § 72-38-102 72-38-102 Scope](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-102.md)
- [Mont. Code Ann. § 72-38-103 72-38-103 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-103.md)
- [Mont. Code Ann. § 72-38-104 72-38-104 Knowledge](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-104.md)
- [Mont. Code Ann. § 72-38-105 72-38-105 Default and mandatory rules](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-105.md)
- [Mont. Code Ann. § 72-38-106 72-38-106 Common law of trusts -- principles of equity](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-106.md)
- [Mont. Code Ann. § 72-38-107 72-38-107 Governing law](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-107.md)
- [Mont. Code Ann. § 72-38-108 72-38-108 Principal place of administration](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-108.md)
- [Mont. Code Ann. § 72-38-109 72-38-109 Methods and waiver of notice](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-109.md)
- [Mont. Code Ann. § 72-38-110 72-38-110 Others treated as qualified beneficiaries](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-110.md)
- [Mont. Code Ann. § 72-38-111 72-38-111 Nonjudicial settlement agreements](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-111.md)
- [Mont. Code Ann. § 72-38-112 72-38-112 Rules of construction](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-112.md)
- [Mont. Code Ann. § 72-38-113 72-38-113 Insurable interest of trustee](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-113.md)
- [Mont. Code Ann. § 72-38-120 72-38-120 Resulting trust upon failure of trust](https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-120.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T72_C38_P1_S72-38-104. Check the current official text before relying on it. Not legal advice.