Montana § 1-1-206 - Terms Relating To Obligations And Transactions
Full text of Montana Montana Code Annotated § 1-1-206 — Terms Relating To Obligations And Transactions, with citation guidance and answers to common questions.
§ 1-1-206. Terms Relating To Obligations And Transactions
Terms relating to obligations and transactions. Unless the context requires otherwise, the following definitions apply in the Montana Code Annotated: (1) "Customary" means according to usage. (2) "Third persons" means all persons who are not parties to the obligation or transaction concerning which the phrase is used. (3) "Usage" means a reasonable and lawful public custom concerning transactions of the same nature as those which are to be affected thereby, existing at the place where the obligation is to be performed, and either known to the parties or so well established, general, and uniform that the parties must be presumed to have acted with reference thereto. (4) "Usual" means according to usage.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 1-1-206
What does Montana Code Annotated § 1-1-206 cover?
Section 1-1-206 ("Terms Relating To Obligations And Transactions") 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 § 1-1-206?
A common citation format is "Montana Code Annotated § 1-1-206" (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 § 1-1-206 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.