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 31-2-208 - Joint and separate debts

Mont. Code § 31-2-208

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Current through the 2023 Regular Session
Section 31-2-208 - Joint and separate debts

Joint or joint and several debtors can prefer their joint creditors only out of joint property and can prefer the individual creditors of each only out of the separate property of each.

§ 31-2-208, MCA

En. Sec. 4517, Civ. C. 1895; re-en. Sec. 6143, Rev. C. 1907; re-en. Sec. 8619, R.C.M. 1921; Field Civ. C. Sec. 1931; re-en. Sec. 8619, R.C.M. 1935; R.C.M. 1947, 18-308.