Montana Code 71-2-107. Property pledged to extent of lien
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71-2-107. Property pledged to extent of lien. A person who has a lien upon property may pledge it to the extent of the person’s lien.
Terms Used In Montana Code 71-2-107
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Property: means real and personal property. See Montana Code 1-1-205