Montana § 70-29-306 Security For Sales On Credit

Montana Statutes

§ 70-29-306 — Security For Sales On Credit

Montana § 70-29-306

Title 70PROPERTY

Ch. 29PARTITION OF REAL PROPERTY

Part 3Sale and Disposition of Proceeds

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Bluebook

Mont. Code Ann. § 70-29-306 (2026).

Text

70-29-306 . Security for sales on credit. The referees may take separate mortgages and other securities for the whole or convenient portions of the purchase money of parts of the property that are directed by the court to be sold on credit for the:

(1)shares of any known owner of full age, in the name of the owner;

(2)shares of a minor, in the name of the guardian of the minor; and

(3)other shares, in the name of the clerk of the court of the county and the clerk's successors in office.

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70-29-306 . Security for sales on credit. The referees may take separate mortgages and other securities for the whole or convenient portions of the purchase money of parts of the property that are directed by the court to be sold on credit for the:
(1) shares of any known owner of full age, in the name of the owner;
(2) shares of a minor, in the name of the guardian of the minor; and
(3) other shares, in the name of the clerk of the court of the county and the clerk's successors in office.

Legislative History

En. Sec. 517, p. 145, Bannack Stat.; re-en. Sec. 289, p. 194, L. 1867; re-en. Sec. 338, p. 101, Cod. Stat. 1871; re-en. Sec. 389, p. 146, L. 1877; re-en. Sec. 389, 1st Div. Rev. Stat. 1879; re-en. Sec. 402, 1st Div. Comp. Stat. 1887; re-en. Sec. 1372, C. Civ. Proc. 1895; re-en. Sec. 6915, Rev. C. 1907; re-en. Sec. 9548, R.C.M. 1921; Cal. C. Civ. Proc. Sec. 777; re-en. Sec. 9548, R.C.M. 1935; R.C.M. 1947, 93-6333; amd. Sec. 9, Ch. 2, L. 1983; amd. Sec. 2226, Ch. 56, L. 2009.