Montana § 30-19-114 Renegotiation Of Rental-Purchase Agreement -- Extension Not Considered Renegotiation

Montana Statutes

§ 30-19-114 — Renegotiation Of Rental-Purchase Agreement -- Extension Not Considered Renegotiation

Montana § 30-19-114

Title 30TRADE AND COMMERCE

Ch. 19RENTAL AND RENTAL-PURCHASE AGREEMENTS

Part 1Montana Rental-Purchase Agreement Act

This text of Montana § 30-19-114 (Renegotiation Of Rental-Purchase Agreement -- Extension Not Considered Renegotiation) 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. § 30-19-114 (2026).

Text

30-19-114 . Renegotiation of rental-purchase agreement -- extension not considered renegotiation.

(1)A renegotiation of an agreement must occur when an existing agreement is satisfied and replaced by a new agreement between the lessor and the consumer. A renegotiation is considered a new agreement and requires new disclosures as provided for in 30-19-110 . The following events may not be treated as a renegotiation:

(a)the addition or return of property in a multiple-item agreement or in the substitution of the rental property, if in either case the average payment allocable to a payment period is not changed by more than 25%;

(b)a deferral or extension of one or more periodic payments or portions of a periodic payment;

(c)a reduction in charges in the agreement; or

(d)an agreement inv

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30-19-114 . Renegotiation of rental-purchase agreement -- extension not considered renegotiation. (1) A renegotiation of an agreement must occur when an existing agreement is satisfied and replaced by a new agreement between the lessor and the consumer. A renegotiation is considered a new agreement and requires new disclosures as provided for in 30-19-110 . The following events may not be treated as a renegotiation:
(a) the addition or return of property in a multiple-item agreement or in the substitution of the rental property, if in either case the average payment allocable to a payment period is not changed by more than 25%;
(b) a deferral or extension of one or more periodic payments or portions of a periodic payment;
(c) a reduction in charges in the agreement; or
(d) an agreement involved in a court proceeding.
(2) An extension of an agreement is not a renegotiation.