Montana Code > Title 27 > Chapter 20 > Part 1 – General Provisions
Current as of: 2023 | Check for updates
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Other versions
| § 27-20-101 | Definition of property |
| § 27-20-102 | When and by whom receiver appointed |
| § 27-20-103 | Appointment of receiver upon dissolution of corporation |
Terms Used In Montana Code > Title 27 > Chapter 20 > Part 1 - General Provisions
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- 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.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Property: means real and personal property. See Montana Code 1-1-205