Find Laws Find Lawyers Free Legal Forms USA State Laws

MONTANA STATUTES AND CODES

72-3-1012. Liability of distributees to claimants.


     72-3-1012. Liability of distributees to claimants. (1) After assets of an estate have been distributed and subject to 72-3-1013, an undischarged claim that is not barred may be prosecuted in a proceeding against one or more distributees. A distributee is not liable to claimants for amounts in excess of the value of the distributee's distribution as of the time of distribution.
     (2) As between distributees, each shall bear the cost of satisfaction of unbarred claims as if the claim had been satisfied in the course of administration. Any distributee who fails to notify other distributees of the demand made upon the distributee by the claimant in sufficient time to permit them to join in any proceeding in which the claim was asserted against the distributee loses the right of contribution against other distributees.

     History: En. 91A-3-1005 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-3-1005; amd. Sec. 2385, Ch. 56, L. 2009.

Montana Forms by Issue

Montana Adoption Forms
Montana Annulment Forms
Montana Appeals Forms
Montana Bankruptcy Forms
Montana Business Forms
Montana Child Support Agency Forms
Montana Children/Juvenile Forms
Montana Common Forms
Montana Court Forms
> DUI
> Probate
> Attorney Complaints
> Civil (County)
> Civil (District)
> Domestic Violence
> Enforcement of Judgement
> Jury
> Personal Protection
> Prison
> Small Claims
Montana Divorce Forms
Montana Emancipation Forms
Montana Employment Forms
Montana Estate Planning Forms
Montana Family Forms
Montana Guardianship Forms
Montana Landlord/Tenant Forms
Montana Liens Forms
Montana Marriage Forms
Montana Name Change Forms
Montana Parental Notification Forms
Montana Power of Attorney Forms
Montana Tax Forms
Montana Trusts Forms
Montana Wills/Estates Forms

Montana Law

Montana State Laws
    > Montana Child Support
    > Montana Gun Laws
    > Montana Statute
Montana Tax
    > Montana State Tax
Montana State
    > Montana Real Estate
Montana Labor Laws
    > Montana Unemployment

Montana Court Map

Tips