Montana § 30-19-102 Purpose

Montana Statutes

§ 30-19-102 — Purpose

Montana § 30-19-102

Title 30TRADE AND COMMERCE

Ch. 19RENTAL AND RENTAL-PURCHASE AGREEMENTS

Part 1Montana Rental-Purchase Agreement Act

This text of Montana § 30-19-102 (Purpose) 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. § 30-19-102 (2026).

Text

30-19-102 . Purpose.

(1)The legislature finds that the rental-purchase industry is unique in its structure of providing a service to Montana consumers, in that the business transaction involved is not a credit transaction, does not create a debt or a security interest, and is not a simple rental or lease. As a result, rental-purchase agreements deserve their own regulatory scheme.

(2)The purpose of this part is to protect consumers and businesses engaged in the rental-purchase of consumer goods against unfair or deceptive acts and practices and to provide certainty and regularity in the conduct of rental-purchase transactions.

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

30-19-102 . Purpose. (1) The legislature finds that the rental-purchase industry is unique in its structure of providing a service to Montana consumers, in that the business transaction involved is not a credit transaction, does not create a debt or a security interest, and is not a simple rental or lease. As a result, rental-purchase agreements deserve their own regulatory scheme.
(2) The purpose of this part is to protect consumers and businesses engaged in the rental-purchase of consumer goods against unfair or deceptive acts and practices and to provide certainty and regularity in the conduct of rental-purchase transactions.