Montana Code > Title 30 > Chapter 2 > Part 4 – Title, Creditors, and Good Faith Purchasers


§ 30-2-401	Passing of title — reservation for security — limited application of this section
§ 30-2-402	Rights of seller’s creditors against sold goods
§ 30-2-403	Power to transfer — good faith purchase of goods — “entrusting”

Buyer: means a person who buys or contracts to buy goods. See Montana Code 30-2-103
Contract: A legal written agreement that becomes binding when signed.
Contract for sale: includes both a present sale of goods and a contract to sell goods at a future time. See Montana Code 30-2-106
Fraud: Intentional deception resulting in injury to another.
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
Seller: means a person who sells or contracts to sell goods. See Montana Code 30-2-103
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