71-3-121. Extinction by sale or wrongful conversion, MCA
  1. MCA Contents
  2. TITLE 71
  3. CHAPTER 3
  4. Part 1
  5. 71-3-121 Extinction by sale or wrongful conversion

Montana Code Annotated 2017

TITLE 71. MORTGAGES, PLEDGES, AND LIENS

CHAPTER 3. LIENS

Part 1. General Provisions

Extinction By Sale Or Wrongful Conversion

71-3-121. Extinction by sale or wrongful conversion. The sale of any property on which there is a lien in satisfaction of the claim secured thereby or, in case of personal property, its wrongful conversion by the person holding the lien extinguishes the lien thereon.

History: En. Sec. 3791, Civ. C. 1895; re-en. Sec. 5727, Rev. C. 1907; re-en. Sec. 8242, R.C.M. 1921; Cal. Civ. C. Sec. 2910; Field Civ. C. Sec. 1604; re-en. Sec. 8242, R.C.M. 1935; R.C.M. 1947, 45-305.