Montana § 25-9-705 - Determining Money Of Claim
Full text of Montana Montana Code Annotated § 25-9-705 — Determining Money Of Claim, with citation guidance and answers to common questions.
§ 25-9-705. Determining Money Of Claim
Determining money of claim. (1) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment. (2) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money: (a) regularly used between the parties as a matter of usage or course of dealing; (b) used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or (c) in which the loss was ultimately felt or will be incurred by the party claimant.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 25-9-705
What does Montana Code Annotated § 25-9-705 cover?
Section 25-9-705 ("Determining Money Of Claim") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 25-9-705?
A common citation format is "Montana Code Annotated § 25-9-705" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 25-9-705 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.