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 31-2-212 - Assignee takes subject to rights of third parties

Mont. Code § 31-2-212

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Current through the 2023 Regular Session
Section 31-2-212 - Assignee takes subject to rights of third parties

An assignee for the benefit of creditors is not to be regarded as a purchaser for value and has no greater rights than the assignor has in respect to things in action transferred by the assignment.

§ 31-2-212, MCA

En. Sec. 4521, Civ. C. 1895; re-en. Sec. 6147, Rev. C. 1907; re-en. Sec. 8623, R.C.M. 1921; Cal. Civ. C. Sec. 3460; Field Civ. C. Sec. 1935; re-en. Sec. 8623, R.C.M. 1935; R.C.M. 1947, 18-312; amd. Sec. 992, Ch. 56, L. 2009.