Statutes, codes, and regulations
Montana Code
Title 31 - CREDIT TRANSACTIONS AND RELATIONSHIPSChapter 2 - DEBTOR AND CREDITOR RELATIONSHIPS
Part 2 - ASSIGNMENTS FOR BENEFIT OF CREDITORS
Section 31-2-206 - Preference to be absolute

Mont. Code § 31-2-206

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Current through the 2023 Regular Session
Section 31-2-206 - Preference to be absolute

A preference in an assignment for the benefit of creditors can only be given absolutely and without reserving any power of revocation.

§ 31-2-206, MCA

En. Sec. 4515, Civ. C. 1895; re-en. Sec. 6141, Rev. C. 1907; re-en. Sec. 8617, R.C.M. 1921; Field Civ. C. Sec. 1929; re-en. Sec. 8617, R.C.M. 1935; R.C.M. 1947, 18-306.