§ 80-4-601 Commodity dealer license requirements — financial responsibility
§ 80-4-602 License fees
§ 80-4-603 License issuance — renewal — expiration
§ 80-4-604 Bonding requirement amounts — cancellation
§ 80-4-605 Posting of license
§ 80-4-606 Inspection of premises, books, and records
§ 80-4-607 Insufficient checks — prohibition
§ 80-4-608 Payment of purchase price — definitions
§ 80-4-612 Commodity dealer defaults — remedies
§ 80-4-613 Records
§ 80-4-614 Claims on bond by injured person

Terms Used In Montana Code > Title 80 > Chapter 4 > Part 6 - Agricultural Commodity Dealers

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • 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
  • Service of process: The service of writs or summonses to the appropriate party.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Writing: includes printing. See Montana Code 1-1-203