Statutes, codes, and regulations
Montana Code
Title 31 - CREDIT TRANSACTIONS AND RELATIONSHIPSChapter 2 - DEBTOR AND CREDITOR RELATIONSHIPS
Part 2 - ASSIGNMENTS FOR BENEFIT OF CREDITORS
Section 31-2-207 - Certain rights not affected by preferences in assignment

Mont. Code § 31-2-207

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Current through the 2023 Regular Session
Section 31-2-207 - Certain rights not affected by preferences in assignment

No provision in an assignment giving a preference to a creditor can affect or impair any right of another creditor to priority of payment, whether created by law or arising from an obligation or transaction of the parties.

§ 31-2-207, MCA

En. Sec. 4516, Civ. C. 1895; re-en. Sec. 6142, Rev. C. 1907; re-en. Sec. 8618, R.C.M. 1921; Field Civ. C. Sec. 1930; re-en. Sec. 8618, R.C.M. 1935; R.C.M. 1947, 18-307.