Montana § 18-1-302 - Servicing Of Deposited Obligations
Full text of Montana Montana Code Annotated § 18-1-302 — Servicing Of Deposited Obligations, with citation guidance and answers to common questions.
§ 18-1-302. Servicing Of Deposited Obligations
Servicing of deposited obligations. After notice to the owner and surety, the contracting agency shall have the power to enter into a contract or agreement with any national bank, state bank, trust company, or safe deposit company located in the state of Montana, designated by the contractor, to provide for the custodial care and servicing of any obligations deposited with it pursuant to this part. Such services shall include the safekeeping of said obligations and the rendering of all services required to effectuate the purposes of this part.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 18-1-302
What does Montana Code Annotated § 18-1-302 cover?
Section 18-1-302 ("Servicing Of Deposited Obligations") 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 § 18-1-302?
A common citation format is "Montana Code Annotated § 18-1-302" (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 § 18-1-302 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.