70-7-102. Loan for use defined, MCA

Montana Code Annotated 2019

TITLE 70. PROPERTY

CHAPTER 7. LOANS FOR USE OR EXCHANGE PERSONAL PROPERTY

Part 1. Loan for Use

Loan For Use Defined

70-7-102. Loan for use defined. A loan for use is a contract by which one gives to another the temporary use and possession of personal property and the latter agrees to return the same thing to the loaning person at a future time without reward for its use.

History: En. Sec. 2550, Civ. C. 1895; re-en. Sec. 5188, Rev. C. 1907; re-en. Sec. 7702, R.C.M. 1921; Cal. Civ. C. Sec. 1884; Field Civ. C. Sec. 948; re-en. Sec. 7702, R.C.M. 1935; R.C.M. 1947, 47-101; amd. Sec. 2097, Ch. 56, L. 2009.