Montana Statutes
§ 71-3-537 — Acknowledgment Of Satisfaction Of Lien -- Penalty
71-3-537 . Acknowledgment of satisfaction of lien -- penalty. Whenever any indebtedness that is a lien upon any real estate, structure, building, or other improvement is paid and satisfied, it is the duty of the creditors to acknowledge satisfaction of the indebtedness in the same manner as a mortgage. If a creditor fails to acknowledge satisfaction, the creditor is liable to any person injured by the failure to the amount of the injury and the costs of action.
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Montana § 71-3-537 (Acknowledgment Of Satisfaction Of Lien -- Penalty) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 841, 5th Div. Rev. Stat. 1879; re-en. Sec. 1385, 5th Div. Comp. Stat. 1887; amd. Sec. 2141, C. Civ. Proc. 1895; re-en. Sec. 7301, Rev. C. 1907; re-en. Sec. 8350, R.C.M. 1921; re-en. Sec. 8350, R.C.M. 1935; R.C.M. 1947, 45-512; Sec. 71-3-515 , MCA 1985; redes. 71-3-537 by Code Commissioner, 1987; amd. Sec. 2278, Ch. 56, L. 2009.
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