Mont. Code Ann. § 10-2-703
This is the official text of Mont. Code Ann. § 10-2-703, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
10-2-703 Principal of trust fund inviolate -- investment -- use of income -- corporate trustee compensation -- surplus
Official statutory text
10-2-703 . Principal of trust fund inviolate -- investment -- use of income -- corporate trustee compensation -- surplus. (1) The principal of the trust fund must remain intact and inviolate.
(2) The principal of the trust fund must be invested in a manner in which public employees' retirement funds are permitted to be invested in the state of Montana as prescribed by 17-6-201 . Investment is subject to the approval of the district court judge.
(3) The income received from investment of the principal must be used for the care, maintenance, and improvement of the memorial monument and for compensation of the corporate trustee.
(4) The corporate trustee of the trust fund shall receive compensation as determined by the district court judge.
(5) In the event that the income from the trust fund is not needed in its entirety for the purposes in subsection (3), the surplus must be added to the principal of the trust fund.
(2) The principal of the trust fund must be invested in a manner in which public employees' retirement funds are permitted to be invested in the state of Montana as prescribed by 17-6-201 . Investment is subject to the approval of the district court judge.
(3) The income received from investment of the principal must be used for the care, maintenance, and improvement of the memorial monument and for compensation of the corporate trustee.
(4) The corporate trustee of the trust fund shall receive compensation as determined by the district court judge.
(5) In the event that the income from the trust fund is not needed in its entirety for the purposes in subsection (3), the surplus must be added to the principal of the trust fund.
Status: in_force · Read it on the official government site
Need a lawyer in Montana?
Find a Montana lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.