Montana Code > Title 71 > Chapter 2 – Pledges
Current as of: 2023 | Check for updates
|
Other versions
| Sections | ||
|---|---|---|
| Part 1 | Pledges in General | § 71-2-101 – § 71-2-110 |
Terms Used In Montana Code > Title 71 > Chapter 2 - Pledges
- 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.
- Dependent: A person dependent for support upon another.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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.
- 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