Montana Statutes
§ 30-11-604 — Liability Of Factor Under Guaranty Commission
Montana § 30-11-604
This text of Montana § 30-11-604 (Liability Of Factor Under Guaranty Commission) 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. § 30-11-604 (2026).
Text
30-11-604 . Liability of factor under guaranty commission. A factor who charges the principal with a guaranty commission upon a sale assumes absolutely to pay the price when it falls due as if it were a debt of the factor's own and not as a mere guarantor for the purchaser. The factor does not assume any additional responsibility for the safety of the remittance of the proceeds.
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Legislative History
En. Sec. 2753, Civ. C. 1895; re-en. Sec. 5293, Rev. C. 1907; re-en Sec. 7808, R.C.M. 1921; Cal. Civ. C. Sec. 2029; Based on Field Civ. C. Sec. 1048; re-en. 7808, R.C.M. 1935; R.C.M. 1947, 2-404; amd. Sec. 936, Ch. 56, L. 2009.
Nearby Sections
15
§ 30-11-101
Sale Defined§ 30-11-102
Subject Of Sale§ 30-11-103
Agreement For Sale§ 30-11-104
Agreement To Sell§ 30-11-105
Agreement To Buy§ 30-11-106
Agreement To Sell And Buy§ 30-11-107
What May Be The Subject Of The Contract§ 30-11-108
Agreement To Sell Real Property§ 30-11-110
Form Of Covenants§ 30-11-111
Contract For Sale Of Real Property§ 30-11-112
Exchange Defined§ 30-11-113
Sale Equivalent To Exchange§ 30-11-114
Warranty Of Money§ 30-11-115
Uniform Commercial Code OverridesCite This Page — Counsel Stack
Bluebook (online)
Montana § 30-11-604, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/11/30-11-604.