Montana Code > Title 33 > Chapter 24 > Part 1 – General Provisions


§ 33-24-101	Measure of the indemnity — rescission for fraud
§ 33-24-102	Insuring improvements — insurance equal to true value
§ 33-24-103	Specific valuation — loss equal to insured value
§ 33-24-104	Tax lien on insured property destroyed by fire
§ 33-24-105	Property insurance policy — conformity with state statutes

Contract: A legal written agreement that becomes binding when signed.
Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
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.
Fraud: Intentional deception resulting in injury to another.
Lien: A claim against real or personal property in satisfaction of a debt.
Property: means real and personal property. See Montana Code 1-1-205
Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
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