Montana Statutes
§ 31-1-109 — When Interest Becomes Part Of Principal
Montana § 31-1-109
JurisdictionMontana
Title 31CREDIT TRANSACTIONS AND RELATIONSHIPS
Ch. 1CREDIT TRANSACTIONS
Part 1Loans of Money -- Interest Rates
This text of Montana § 31-1-109 (When Interest Becomes Part Of Principal) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 31-1-109 (2026).
Text
31-1-109 . When interest becomes part of principal. The parties may, in any contract in writing whereby any debt is secured to be paid, agree that, if the interest on such debt is not punctually paid, it shall become a part of the principal and thereafter bear the same rate of interest as the principal debt.
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Legislative History
En. Sec. 2587, Civ. C. 1895; re-en. Sec. 5213, Rev. C. 1907; re-en. Sec. 7728, R.C.M. 1921; Cal. Civ. C. Sec. 1919; re-en. Sec. 7728, R.C.M. 1935; R.C.M. 1947, 47-127.
Nearby Sections
15
§ 31-1-101
Loan Of Money -- What Constitutes§ 31-1-102
Loan To Be Repaid In Current Money§ 31-1-103
Loan Presumed To Be On Interest§ 31-1-104
Interest Defined§ 31-1-105
Annual Rate§ 31-1-106
Legal Interest§ 31-1-107
Interest Rate Allowed By Agreement§ 31-1-109
When Interest Becomes Part Of Principal§ 31-1-110
Renumbered 25-9-205§ 31-1-111
Definition Of Regulated Lender§ 31-1-113
Limitation Of Rule Of 78ths§ 31-1-114
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Bluebook (online)
Montana § 31-1-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/1/31-1-109.