Montana § 15-17-318 - Assignment Of Municipality's Interest
Full text of Montana Montana Code Annotated § 15-17-318 — Assignment Of Municipality's Interest, with citation guidance and answers to common questions.
§ 15-17-318. Assignment Of Municipality's Interest
Assignment of municipality's interest. (1) At any time after a parcel of land has been acquired by a municipality, as provided in 15-17-317 , and has not been redeemed, the treasurer of the municipality shall assign all the rights of the municipality in the property to any person who pays: (a) the purchase price paid by the municipality; (b) the delinquent assessments; (c) interest on the purchase price and delinquent assessments at the rate of 5/6 of 1% a month; and (d) penalties and costs as provided by law. (2) The treasurer of the municipality shall execute to the person an assignment certificate, which must be in the form provided in 15-17-323 for the assignment of the interests of the county. If the assignment certificate becomes lost or accidentally destroyed by the assignee, the treasurer of the municipality shall issue a duplicate assignment certificate to the assignee after the assignee delivers to the treasurer evidence satisfactory to the treasurer, including an affidavit of the assignee, that the assignment certificate has been lost or destroyed. (3) An assignment by a municipality under this section discharges the trust created under 15-17-317 . The municipality may also discharge the trust created under 15-17-317 by paying into the improvement fund the amount of the delinquent assessments and interest accrued on the assessments.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-17-318
What does Montana Code Annotated § 15-17-318 cover?
Section 15-17-318 ("Assignment Of Municipality's 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 § 15-17-318?
A common citation format is "Montana Code Annotated § 15-17-318" (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 § 15-17-318 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.