Montana § 30-2A-109 Option To Accelerate At Will

Montana Statutes

§ 30-2A-109 — Option To Accelerate At Will

Montana § 30-2A-109

Title 30TRADE AND COMMERCE

Ch. 2AUNIFORM COMMERCIAL CODE LEASES

Part 1General Provisions

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Bluebook

Mont. Code Ann. § 30-2A-109 (2026).

Text

30-2A-109 . Option to accelerate at will.

(1)A term providing that one party or the party's successor in interest may accelerate payment of performance or require collateral or additional collateral "at will" or "when the party deems itself insecure" or in words of similar import must be construed to mean that the party has power to do so only if the party in good faith believes that the prospect of payment or performance is impaired.

(2)With respect to a consumer lease, the burden of establishing good faith under subsection (1) is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.

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30-2A-109 . Option to accelerate at will. (1) A term providing that one party or the party's successor in interest may accelerate payment of performance or require collateral or additional collateral "at will" or "when the party deems itself insecure" or in words of similar import must be construed to mean that the party has power to do so only if the party in good faith believes that the prospect of payment or performance is impaired.
(2) With respect to a consumer lease, the burden of establishing good faith under subsection (1) is on the party who exercised the power; otherwise the burden of establishing lack of good faith is on the party against whom the power has been exercised.