Montana § 18-2-203 - Amount And Terms Of Security
Full text of Montana Montana Code Annotated § 18-2-203 — Amount And Terms Of Security, with citation guidance and answers to common questions.
§ 18-2-203. Amount And Terms Of Security
Amount and terms of security. The security mentioned in 18-2-201 must be in an amount equal to the full contract price agreed to be paid for the work or improvement and must be to the state of Montana, except in cases of cities and towns, in which case the municipality may by general ordinance fix and determine the amount of the security and the name of the secured party, provided that the amount may not be for less than 25% of the contract price of the improvement, and the security may designate that the amount is payable to the city or town and not to the state of Montana.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 18-2-203
What does Montana Code Annotated § 18-2-203 cover?
Section 18-2-203 ("Amount And Terms Of Security") 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 § 18-2-203?
A common citation format is "Montana Code Annotated § 18-2-203" (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 § 18-2-203 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.