Montana Statutes
§ 31-2-204 — What Debts May Be Secured
Montana § 31-2-204
JurisdictionMontana
Title 31CREDIT TRANSACTIONS AND RELATIONSHIPS
Ch. 2DEBTOR AND CREDITOR RELATIONSHIPS
Part 2Assignments for Benefit of Creditors
This text of Montana § 31-2-204 (What Debts May Be Secured) 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. § 31-2-204 (2026).
Text
31-2-204 . What debts may be secured. An assignment for the benefit of creditors may provide for any subsisting liability of the assignor that the assignor might lawfully pay, whether absolute or contingent.
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Legislative History
En. Sec. 4513, Civ. C. 1895; re-en. Sec. 6139, Rev. C. 1907; re-en. Sec. 8615, R.C.M. 1921; Cal. Civ. C. Sec. 3452; Field Civ. C. Sec. 1927; re-en. Sec. 8615, R.C.M. 1935; R.C.M. 1947, 18-304; amd. Sec. 988, Ch. 56, L. 2009.
Nearby Sections
15
§ 31-2-101
Debtor Defined§ 31-2-102
Creditor Defined§ 31-2-103
Contracts Of Debtor Are Valid§ 31-2-104
Payments In Preference§ 31-2-105
Relative Rights Of Different Creditors§ 31-2-106
Exempt Property -- Bankruptcy Proceeding§ 31-2-201
When Debtor May Execute Assignment§ 31-2-202
Insolvency -- What Constitutes§ 31-2-203
Certain Transfers Not Affected§ 31-2-204
What Debts May Be Secured§ 31-2-205
Preference Given For Wages§ 31-2-206
Preference To Be Absolute§ 31-2-208
Joint And Separate Debts§ 31-2-209
Assignment -- When VoidCite This Page — Counsel Stack
Bluebook (online)
Montana § 31-2-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/2/31-2-204.