Montana § 30-2A-205 Firm Offers

Montana Statutes

§ 30-2A-205 — Firm Offers

Montana·Title 30 TRADE AND COMMERCE·Ch. 2A UNIFORM COMMERCIAL CODE LEASES·Part 2 Formation and Construction of Lease Contract

30-2A-205 . Firm offers. An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance it will be held open is not revocable, for lack of consideration, during the time stated or, if no time is stated, for a reasonable time, but in no event may the period of irrevocability exceed 3 months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

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30-2A-205 . Firm offers. An offer by a merchant to lease goods to or from another person in a signed record that by its terms gives assurance it will be held open is not revocable, for lack of consideration, during the time stated or, if no time is stated, for a reasonable time, but in no event may the period of irrevocability exceed 3 months. Any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

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