70-7-202. Loan for exchange defined, MCA

Montana Code Annotated 2019

TITLE 70. PROPERTY

CHAPTER 7. LOANS FOR USE OR EXCHANGE PERSONAL PROPERTY

Part 2. Loan for Exchange

Loan For Exchange Defined

70-7-202. Loan for exchange defined. A loan for exchange is a contract by which one delivers personal property to another and the latter agrees to return to the lender a similar thing at a future time, without reward for its use.

History: En. Sec. 2570, Civ. C. 1895; re-en. Sec. 5201, Rev. C. 1907; re-en. Sec. 7715, R.C.M. 1921; Cal. Civ. C. Sec. 1902; Field Civ. C. Sec. 961; re-en. Sec. 7715, R.C.M. 1935; R.C.M. 1947, 47-114.