1. MCA Contents
  2. TITLE 70
  3. CHAPTER 29
  4. Part 3
  5. 70-29-306 Security for sales on credit

Montana Code Annotated 2017

TITLE 70. PROPERTY

CHAPTER 29. PARTITION OF REAL PROPERTY

Part 3. Sale and Disposition of Proceeds

Security For Sales On Credit

70-29-306. Security for sales on credit. The referees may take separate mortgages and other securities for the whole or convenient portions of the purchase money of parts of the property that are directed by the court to be sold on credit for the:

(1) shares of any known owner of full age, in the name of the owner;

(2) shares of a minor, in the name of the guardian of the minor; and

(3) other shares, in the name of the clerk of the court of the county and the clerk's successors in office.

History: En. Sec. 517, p. 145, Bannack Stat.; re-en. Sec. 289, p. 194, L. 1867; re-en. Sec. 338, p. 101, Cod. Stat. 1871; re-en. Sec. 389, p. 146, L. 1877; re-en. Sec. 389, 1st Div. Rev. Stat. 1879; re-en. Sec. 402, 1st Div. Comp. Stat. 1887; re-en. Sec. 1372, C. Civ. Proc. 1895; re-en. Sec. 6915, Rev. C. 1907; re-en. Sec. 9548, R.C.M. 1921; Cal. C. Civ. Proc. Sec. 777; re-en. Sec. 9548, R.C.M. 1935; R.C.M. 1947, 93-6333; amd. Sec. 9, Ch. 2, L. 1983; amd. Sec. 2226, Ch. 56, L. 2009.