Montana § 30-2A-501 Default -- Procedure

Montana Statutes

§ 30-2A-501 — Default -- Procedure

Montana § 30-2A-501

Title 30TRADE AND COMMERCE

Ch. 2AUNIFORM COMMERCIAL CODE LEASES

Part 5Default

This text of Montana § 30-2A-501 (Default -- Procedure) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-2A-501 (2026).

Text

30-2A-501 . Default -- procedure.

(1)Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this chapter.

(2)If the lessor or the lessee is in default under the lease contract, the party seeking enforcement has rights and remedies as provided in this chapter and, except as limited by this chapter, as provided in the lease agreement.

(3)If the lessor or the lessee is in default under the lease contract, the party seeking enforcement may reduce the party's claim to judgment or otherwise enforce the lease contract by self-help or any available judicial procedure or nonjudicial procedure, including administrative proceeding, arbitration, or the like, in accordance with this chapter.

(4)Except as otherwise provided in 30-1-106 (1), thi

Free access — add to your briefcase to read the full text and ask questions with AI

30-2A-501 . Default -- procedure. (1) Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this chapter.
(2) If the lessor or the lessee is in default under the lease contract, the party seeking enforcement has rights and remedies as provided in this chapter and, except as limited by this chapter, as provided in the lease agreement.
(3) If the lessor or the lessee is in default under the lease contract, the party seeking enforcement may reduce the party's claim to judgment or otherwise enforce the lease contract by self-help or any available judicial procedure or nonjudicial procedure, including administrative proceeding, arbitration, or the like, in accordance with this chapter.
(4) Except as otherwise provided in 30-1-106 (1), this chapter, or the lease agreement, the rights and remedies referred to in subsections (2) and (3) of this section are cumulative.
(5) If the lease agreement covers both real property and goods, the party seeking enforcement may proceed under this part as to the goods or under other applicable law as to both the real property and the goods in accordance with that party's rights and remedies in respect of the real property, in which case this part does not apply.