Montana Statutes
§ 70-6-108 — Deposit For Exchange -- Title Passes
70-6-108 . Deposit for exchange -- title passes. A deposit for exchange transfers to the depositary the title to the thing deposited and creates between the depositary and the depositor the relation of debtor and creditor.
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Legislative History
En. Sec. 2540, Civ. C. 1895; re-en. Sec. 5187, Rev. C. 1907; re-en. Sec. 7701, R.C.M. 1921; Cal. Civ. C. Sec. 1878; Field Civ. C. Sec. 947; re-en. Sec. 7701, R.C.M. 1935; R.C.M. 1947, 20-501; amd. Sec. 2076, Ch. 56, L. 2009.
Nearby Sections
15
§ 70-6-101
Deposit -- Voluntary Or Involuntary§ 70-6-102
Voluntary Deposit -- How Made§ 70-6-103
Involuntary Deposit -- How Made§ 70-6-105
Involuntary Deposit As Gratuitous§ 70-6-106
Deposit For Keeping Defined§ 70-6-107
Deposit For Exchange Defined§ 70-6-108
Deposit For Exchange -- Title Passes§ 70-6-301
Gratuitous Deposit Defined§ 70-6-401
Applicability -- Uniform Commercial Code§ 70-6-402
Deposit For Hire Defined