Montana § 71-3-1604 Validity Of Lien -- Transferability

Montana Statutes

§ 71-3-1604 — Validity Of Lien -- Transferability

Montana § 71-3-1604

Title 71MORTGAGES, PLEDGES, AND LIENS

Ch. 3LIENS

Part 16Oil and Gas Owners' Lien

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Bluebook

Mont. Code Ann. § 71-3-1604 (2026).

Text

71-3-1604 . Validity of lien -- transferability.

(1)The security interest and lien granted to an interest owner under this part are not dependent on the interest owner's or operator's possession of the severed oil or gas.

(2)A change or transfer of the actual or constructive possession of or title to the severed oil or gas from an interest owner or an operator to a first purchaser or purchaser does not void or impair the security interest or lien.

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71-3-1604 . Validity of lien -- transferability. (1) The security interest and lien granted to an interest owner under this part are not dependent on the interest owner's or operator's possession of the severed oil or gas.
(2) A change or transfer of the actual or constructive possession of or title to the severed oil or gas from an interest owner or an operator to a first purchaser or purchaser does not void or impair the security interest or lien.