Montana § 32-5-407 Attorney Fees -- Bad Check Fee

Montana Statutes

§ 32-5-407 — Attorney Fees -- Bad Check Fee

Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 5 CONSUMER LOAN BUSINESSES·Part 4 Enforcement

32-5-407 . Attorney fees -- bad check fee.

(1)If provided in the contract, reasonable attorney fees may be awarded to the party in whose favor final judgment is rendered in any action on a contract entered into pursuant to the provisions of this chapter.

(2)In addition to any other fees authorized by this chapter, a licensee may charge a borrower the greater of $25 or the licensee's actual expense for each check, draft, converted check, electronic funds transfer, or other authorization or order for the payment of money received in payment of a loan, that is dishonored for any reason.

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32-5-407 . Attorney fees -- bad check fee. (1) If provided in the contract, reasonable attorney fees may be awarded to the party in whose favor final judgment is rendered in any action on a contract entered into pursuant to the provisions of this chapter.
(2) In addition to any other fees authorized by this chapter, a licensee may charge a borrower the greater of $25 or the licensee's actual expense for each check, draft, converted check, electronic funds transfer, or other authorization or order for the payment of money received in payment of a loan, that is dishonored for any reason.

Montana § 32-5-407 (Attorney Fees -- Bad Check Fee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

En. Sec. 10, Ch. 424, L. 1981; amd. Sec. 4, Ch. 168, L. 1985; amd. Sec. 3, Ch. 270, L. 1999; amd. Sec. 20, Ch. 372, L. 2007; amd. Sec. 7, Ch. 23, L. 2015.