Montana Statutes
§ 71-3-121 — Extinction By Sale Or Wrongful Conversion
71-3-121 . Extinction by sale or wrongful conversion. The sale of any property on which there is a lien in satisfaction of the claim secured thereby or, in case of personal property, its wrongful conversion by the person holding the lien extinguishes the lien thereon.
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Legislative History
En. Sec. 3791, Civ. C. 1895; re-en. Sec. 5727, Rev. C. 1907; re-en. Sec. 8242, R.C.M. 1921; Cal. Civ. C. Sec. 2910; Field Civ. C. Sec. 1604; re-en. Sec. 8242, R.C.M. 1935; R.C.M. 1947, 45-305.
Nearby Sections
15
§ 71-3-1001
Definitions§ 71-3-1004
How Lien Perfected§ 71-3-1006
Date Lien Arises§ 71-3-1007
Priority§ 71-3-1008
Lien For Running Account As Single Contract§ 71-3-1009
Liability Fixed§ 71-3-101
Definitions§ 71-3-1011
Notice To Purchaser Of Oil And Gas§ 71-3-102
How Liens Created§ 71-3-103
No Lien For Claim Not Due