Montana Statutes
§ 71-1-310 — Liability Of Title Insurer Or Title Insurance Producer
71-1-310 . Liability of title insurer or title insurance producer. A title insurer or title insurance producer who reconveys a trust indenture is liable to the beneficiary for damages suffered by the beneficiary as a result of the reconveyance if:
(1)the obligation secured by the trust indenture is not fully paid;
(2)the title insurer or title insurance producer failed to comply with the provisions of 71-1-308 ; or
(3)the title insurer or title insurance producer acted with gross negligence or in bad faith in reconveying the trust indenture.
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Montana § 71-1-310 (Liability Of Title Insurer Or Title Insurance Producer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 4, Ch. 413, L. 2005.
Nearby Sections
15
§ 71-1-101
Definition§ 71-1-102
Power Of Attorney To Execute§ 71-1-104
Mortgage Not A Personal Obligation§ 71-1-105
Mortgagee Not Entitled To Possession§ 71-1-106
Waste Prohibited§ 71-1-107
Transfers Of Interest§ 71-1-108
Subsequently Acquired Title§ 71-1-109
Mortgage Of Property Adversely Held§ 71-1-111
Power Of Sale§ 71-1-112
Applicable Laws§ 71-1-113
Limit On The Amount Of Funds On Reserve§ 71-1-114
Exception To Limitation§ 71-1-115
Record Of Reserve Fund Required