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 31-2-227 - Property exempt

Mont. Code § 31-2-227

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Current through the 2023 Regular Session
Section 31-2-227 - Property exempt

Property exempt from execution and insurance upon the life of the assignor do not pass to the assignee by a general assignment for the benefit of creditors unless the instrument specially mentions them and declares an intention that they should pass thereby.

§ 31-2-227, MCA

En. Sec. 4532, Civ. C. 1895; re-en. Sec. 6158, Rev. C. 1907; re-en. Sec. 8638, R.C.M. 1921; Cal. Civ. C. Sec. 3470; Field Civ. C. Sec. 1945; re-en. Sec. 8638, R.C.M. 1935; R.C.M. 1947, 18-327.