70-1-511. Delivery in escrow, MCA
  1. MCA Contents
  2. TITLE 70
  3. CHAPTER 1
  4. Part 5
  5. 70-1-511 Delivery in escrow

Montana Code Annotated 2019

TITLE 70. PROPERTY

CHAPTER 1. PROPERTY IN GENERAL REAL AND PERSONAL

Part 5. Transfer of Property Grants and Their Interpretation

Delivery In Escrow

70-1-511. Delivery in escrow. A grant may be deposited by the grantor with a third person, to be delivered on performance of a condition, and on delivery by the depositary, it will take effect. While in the possession of the third person and subject to condition, it is called an escrow.

History: En. Sec. 1455, Civ. C. 1895; re-en. Sec. 4599, Rev. C. 1907; re-en. Sec. 6846, R.C.M. 1921; Cal. Civ. C. Sec. 1057; Based on Field Civ. C. Sec. 468; re-en. Sec. 6846, R.C.M. 1935; R.C.M. 1947, 67-1512.