(1) Subject to the limitations in (2), any person, including a nonresident of Montana and an individual who is not the account owner, may make a contribution to an account.

(2) All contributions to accounts must be in cash and may not exceed the annual contribution limit found in section 529(A)(b)(2) of the Internal Revenue Code, 26 USC 529(b)(2).

(3) Contributions may be made following payroll deduction plans to which the contributor and his or her employer are parties. In such case, the employer, on behalf of the contributor, will send the contribution to the program manager, as agent for the trustee.