Montana Statutes

§ 71-1-310 — Liability Of Title Insurer Or Title Insurance Producer

Montana·Title 71 MORTGAGES, PLEDGES, AND LIENS·Ch. 1 MORTGAGES·Part 3 Small Tract Financing

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
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