Mont. Code Ann. § 35-15-404

Share exempt from attachment and execution – sale upon death of member

(1) The share, not exceeding the par value of $500, of each member is exempt from seizure on attachment or sale under execution.

(2) Upon a member's death, the share must be sold by the association and the proceeds, after deducting all liabilities to the association, must be delivered to the deceased member's heirs.

History:
En. Sec. 878, Civ. C. 1895
Re-en. Sec. 4218, Rev. C. 1907
Amd. Sec. 2, Ch. 3, L. 1909
Re-en. Sec. 6383, R.C.M. 1921
Re-en. Sec. 6383, R.C.M. 1935
R.C.M. 1947, 14-209
Amd. Sec. 1321, Ch. 56, L. 2009 (HB 37 - Campbell, Margarett (D) HD 31)