Montana Code 35-12-514. Supplemental principles of law — rate of interest
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35-12-514. Supplemental principles of law — rate of interest. (1) Unless displaced by particular provisions of this chapter, the principles of law and equity supplement this chapter.
Terms Used In Montana Code 35-12-514
- 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.
(2)If an obligation to pay interest arises under this chapter and the rate is not specified, the rate is that specified in 31-1-106.