Montana Statutes

§ 30-11-901 — Definitions

Montana·Title 30 TRADE AND COMMERCE·Ch. 11 SALES·Part 9 Termination, Cancellation, Nonrenewal, Substantial Alteration, or Transfer of Construction Equipment Dealership Agreements

30-11-901 . Definitions. As used in this part, the following definitions apply:

(1)"Community of interest" means a continuing financial interest that the grantor and grantee have in common.
(2)"Construction equipment" means any vehicle, machine, or attachment designed or adapted and used in construction, heavy construction, highway construction, and remodeling work.
(3)"Dealer" means a person who is a grantee of a construction equipment dealership situated in this state.
(4)"Dealership" means a contract or agreement, expressed or implied, whether oral or written, including a franchise as defined in 61-4-201 , by which a person is granted the right to sell or distribute construction equipment, in which there is a community of interest in the business of offering, selling, or distributin

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Legislative History

En. Sec. 1, Ch. 180, L. 2001; amd. Sec. 221(1), Ch. 483, L. 2001.

Nearby Sections

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