Montana Statutes
§ 71-2-108 — When Pledge May Not Be Withdrawn
71-2-108 . When pledge may not be withdrawn. A person who pledges property as security for the obligation of another cannot withdraw the property pledged except in the manner that a personal pledgor might, and if the person receives from the debtor a consideration for the pledge, the person may not withdraw it without the debtor's consent.
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Legislative History
En. Sec. 3898, Civ. C. 1895; re-en. Sec. 5782, Rev. C. 1907; re-en. Sec. 8300, R.C.M. 1921; Cal. Civ. C. Sec. 2994; Field Civ. C. Sec. 1655; re-en. Sec. 8300, R.C.M. 1935; R.C.M. 1947, 65-109; amd. Sec. 2257, Ch. 56, L. 2009.
Nearby Sections
10
§ 71-2-101
Definitions§ 71-2-102
When Contract Considered A Pledge§ 71-2-103
Delivery Required§ 71-2-104
Pledgee Or Pledge Holder For Reward§ 71-2-105
Gratuitous Pledge Holder§ 71-2-106
Obligations Of Pledge Holder§ 71-2-107
Property Pledged To Extent Of Lien§ 71-2-108
When Pledge May Not Be Withdrawn§ 71-2-109
When Real Owner Cannot Defeat Pledge