Montana Statutes
§ 71-2-109 — When Real Owner Cannot Defeat Pledge
71-2-109 . When real owner cannot defeat pledge. A person who has allowed another to assume the apparent ownership of property for the purpose of making any transfer of it may not set up the person's own title to defeat a pledge of the property made by the other to a pledgee who received the property in good faith in the ordinary course of business and for value.
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 71-2-109 (When Real Owner Cannot Defeat Pledge) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 3895, Civ. C. 1895; re-en. Sec. 5779, Rev. C. 1907; re-en. Sec. 8297, R.C.M. 1921; Cal. Civ. C. Sec. 2991; Field Civ. C. Sec. 1652; re-en. Sec. 8297, R.C.M. 1935; R.C.M. 1947, 65-106; amd. Sec. 2258, 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When Pledge May Not Be Withdrawn§ 71-2-109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