Montana Statutes

§ 61-4-403 — Certain Financing Agreements Prohibited

Montana § 61-4-403
JurisdictionMontana
Title 61MOTOR VEHICLES
Ch. 4SALES AND DISTRIBUTION OF MOTOR VEHICLES
Part 4Monopolies in Financing Sale of Motor Vehicles

This text of Montana § 61-4-403 (Certain Financing Agreements Prohibited) 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. § 61-4-403 (2026).

Text

61-4-403 . Certain financing agreements prohibited. It is unlawful for any manufacturer or wholesale distributor of motor vehicles to sell or enter into a contract for the sale of motor vehicles to any motor vehicle dealer on the condition or under an agreement, expressed or implied, that the dealer will finance the purchase or sale of any motor vehicle or vehicles only through a designated finance company or finance agency. Any such condition, agreement, or understanding is against the public policy of the state, and such condition, agreement, or understanding is unlawful, void, and unenforceable, either at law or equity.

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Legislative History

En. Sec. 3, Ch. 144, L. 1937; R.C.M. 1947, 51-203; amd. Sec. 52, Ch. 421, L. 1979.

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Bluebook (online)
Montana § 61-4-403, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/4/61-4-403.