Montana § 30-11-506 Auctioneer's Authority From The Seller

Montana Statutes

§ 30-11-506 — Auctioneer's Authority From The Seller

Montana § 30-11-506

Title 30TRADE AND COMMERCE

Ch. 11SALES

Part 5Auction Sales and Auctioneers

This text of Montana § 30-11-506 (Auctioneer's Authority From The Seller) 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. § 30-11-506 (2026).

Text

30-11-506 . Auctioneer's authority from the seller. An auctioneer, in the absence of special authority or usage, has authority from the seller only as follows:

(1)to sell by public auction to the highest bidder;

(2)to sell for cash only, except for articles usually sold on credit at auction;

(3)to warrant as an agent pursuant to 28-10-421 ;

(4)to prescribe reasonable rules and terms of sale;

(5)to deliver the thing sold upon payment of the price;

(6)to collect the price; and

(7)to do whatever else is necessary, proper, and usual in the ordinary course of business for effecting these purposes.

Free access — add to your briefcase to read the full text and ask questions with AI

30-11-506 . Auctioneer's authority from the seller. An auctioneer, in the absence of special authority or usage, has authority from the seller only as follows:
(1) to sell by public auction to the highest bidder;
(2) to sell for cash only, except for articles usually sold on credit at auction;
(3) to warrant as an agent pursuant to 28-10-421 ;
(4) to prescribe reasonable rules and terms of sale;
(5) to deliver the thing sold upon payment of the price;
(6) to collect the price; and
(7) to do whatever else is necessary, proper, and usual in the ordinary course of business for effecting these purposes.

Legislative History

En. Sec. 3160, Civ. C. 1895; re-en. Sec. 5461, Rev. C. 1907; re-en. Sec. 7976, R.C.M. 1921; Cal. Civ. C. Sec. 2362; Field Civ. C. Sec. 1264; re-en. Sec. 7976, R.C.M. 1935; Sec. 66-201, R.C.M. 1947; amd. and redes. 74-706 by Sec. 6, Ch. 263, L. 1977; R.C.M. 1947, 74-706.