Montana § 81-8-234 Financial Responsibility

Montana Statutes

§ 81-8-234 — Financial Responsibility

Montana § 81-8-234

Title 81LIVESTOCK

Ch. 8MARKETING

Part 2Livestock Markets and Dealers

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Bluebook

Mont. Code Ann. § 81-8-234 (2026).

Text

81-8-234 . Financial responsibility.

(1)Every livestock market or livestock dealer shall maintain a financial condition of total assets in excess of total liability, including total current assets in excess of total current liabilities.

(2)Payment for livestock purchased shall be made upon completion of the sales transaction. Payment in all livestock transactions shall be made by cash, check, or draft, as defined in 30-3-104 ; by electronic funds transfer, as defined in 32-6-103 ; or by any other bankable instrument.

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81-8-234 . Financial responsibility. (1) Every livestock market or livestock dealer shall maintain a financial condition of total assets in excess of total liability, including total current assets in excess of total current liabilities.
(2) Payment for livestock purchased shall be made upon completion of the sales transaction. Payment in all livestock transactions shall be made by cash, check, or draft, as defined in 30-3-104 ; by electronic funds transfer, as defined in 32-6-103 ; or by any other bankable instrument.