Montana § 71-3-712 How Lien Obtained

Montana Statutes

§ 71-3-712 — How Lien Obtained

Montana § 71-3-712

Title 71MORTGAGES, PLEDGES, AND LIENS

Ch. 3LIENS

Part 7Crop Liens for Seed or Grain and Liens for Hail Insurance

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Bluebook

Mont. Code Ann. § 71-3-712 (2026).

Text

71-3-712 . How lien obtained. Any person, company, association, or corporation entitled to a lien under 71-3-711 shall, within 30 days after the insurance is issued, file in the office of the secretary of state a statement of agricultural lien as provided in 71-3-125 . A mutual company may file a lien for the largest amount that may become due under its assessment power, and if the amount assessed is not as large as the amount of the lien claimed, the amount assessed and due is the amount the mutual insurance company is entitled to under this lien. Unless the person, company, association, or corporation entitled to a lien files the agricultural lien statement within the time required, the person or entity is considered to have waived the right to a lien.

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71-3-712 . How lien obtained. Any person, company, association, or corporation entitled to a lien under 71-3-711 shall, within 30 days after the insurance is issued, file in the office of the secretary of state a statement of agricultural lien as provided in 71-3-125 . A mutual company may file a lien for the largest amount that may become due under its assessment power, and if the amount assessed is not as large as the amount of the lien claimed, the amount assessed and due is the amount the mutual insurance company is entitled to under this lien. Unless the person, company, association, or corporation entitled to a lien files the agricultural lien statement within the time required, the person or entity is considered to have waived the right to a lien.

Legislative History

En. Sec. 2, Ch. 223, L. 1921; re-en. Sec. 8364, R.C.M. 1921; re-en. Sec. 8364, R.C.M. 1935; R.C.M. 1947, 45-706; amd. Sec. 7, Ch. 295, L. 1987; amd. Sec. 5, Ch. 529, L. 1989; amd. Sec. 2290, Ch. 56, L. 2009.