Montana § 31-1-115 Issuing Credit Cards To Minors -- Collection Of Debt

Montana Statutes

§ 31-1-115 — Issuing Credit Cards To Minors -- Collection Of Debt

Montana § 31-1-115

Title 31CREDIT TRANSACTIONS AND RELATIONSHIPS

Ch. 1CREDIT TRANSACTIONS

Part 1Loans of Money -- Interest Rates

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Bluebook

Mont. Code Ann. § 31-1-115 (2026).

Text

31-1-115 . Issuing credit cards to minors -- collection of debt.

(1)An issuer of a credit card or similar loan advance access device may not issue a credit card or similar loan advance access device to a minor, as defined in 41-1-101 , residing in this state without first obtaining consent to the issuance from the minor's parent or legal guardian.

(2)An issuer of a credit card or similar loan advance access device that does not receive a parent's or legal guardian's consent, as required in subsection (1), before issuing the credit card or similar loan advance access device to a minor may not collect in this state from the minor or the minor's parent or guardian any debt incurred by the minor through the use of the credit card or similar loan advance access device.

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31-1-115 . Issuing credit cards to minors -- collection of debt. (1) An issuer of a credit card or similar loan advance access device may not issue a credit card or similar loan advance access device to a minor, as defined in 41-1-101 , residing in this state without first obtaining consent to the issuance from the minor's parent or legal guardian.
(2) An issuer of a credit card or similar loan advance access device that does not receive a parent's or legal guardian's consent, as required in subsection (1), before issuing the credit card or similar loan advance access device to a minor may not collect in this state from the minor or the minor's parent or guardian any debt incurred by the minor through the use of the credit card or similar loan advance access device.