71-2-108. When pledge may not be withdrawn, MCA

Montana Code Annotated 2017

TITLE 71. MORTGAGES, PLEDGES, AND LIENS

CHAPTER 2. PLEDGES

Part 1. Pledges in General

When Pledge May Not Be Withdrawn

71-2-108. When pledge may not be withdrawn. A person who pledges property as security for the obligation of another cannot withdraw the property pledged except in the manner that a personal pledgor might, and if the person receives from the debtor a consideration for the pledge, the person may not withdraw it without the debtor's consent.

History: En. Sec. 3898, Civ. C. 1895; re-en. Sec. 5782, Rev. C. 1907; re-en. Sec. 8300, R.C.M. 1921; Cal. Civ. C. Sec. 2994; Field Civ. C. Sec. 1655; re-en. Sec. 8300, R.C.M. 1935; R.C.M. 1947, 65-109; amd. Sec. 2257, Ch. 56, L. 2009.