Montana § 71-3-553 - Action Upon Bond -- Period Of Limitation Same
Full text of Montana Montana Code Annotated § 71-3-553 — Action Upon Bond -- Period Of Limitation Same, with citation guidance and answers to common questions.
§ 71-3-553. Action Upon Bond -- Period Of Limitation Same
Action upon bond -- period of limitation same. (1) When a bond is filed prior to the service of a complaint in an action to foreclose upon a construction lien as allowed in 71-3-551 , the person filing the construction lien may bring an action upon the bond. (2) The action must be commenced within the time allowed for the commencement of an action upon foreclosure of a lien, and the statute of limitations applicable to a lien foreclosure applies to an action upon the bond as it would had a bond not been filed.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 71-3-553
What does Montana Code Annotated § 71-3-553 cover?
Section 71-3-553 ("Action Upon Bond -- Period Of Limitation Same") 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 § 71-3-553?
A common citation format is "Montana Code Annotated § 71-3-553" (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 § 71-3-553 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.