1. (1) An offer of sale of living trusts made through the internet or similar proprietary or common carrier electronic system is exempt from 30-10-901 through 30-10-915, MCA, if the following conditions are met:

   1. (a) the offer indicates that the offer is not being made to residents of Montana;
   2. (b) the offer is not specifically directed to any person in Montana; and
   3. (c) no sale of a living trust is made in Montana as a result of the offer until the person making the offer is licensed under 30-10-901 through 30-10-915, MCA.

Authorizing statute(s): Sec. 30-10-905, MCA

Implementing statute(s): Sec. 30-10-906, MCA

History: NEW, 1997 MAR p. 1917, Eff. 10/21/97.