Montana § 31-1-103 - Loan Presumed To Be On Interest
Full text of Montana Montana Code Annotated § 31-1-103 — Loan Presumed To Be On Interest, with citation guidance and answers to common questions.
§ 31-1-103. Loan Presumed To Be On Interest
Loan presumed to be on interest. Whenever a loan of money is made, it is presumed to be made upon interest unless it is otherwise expressly stipulated at the time in writing.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 31-1-103
What does Montana Code Annotated § 31-1-103 cover?
Section 31-1-103 ("Loan Presumed To Be On Interest") 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 § 31-1-103?
A common citation format is "Montana Code Annotated § 31-1-103" (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 § 31-1-103 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.