Montana § 30-3-109 - Definite Time
Full text of Montana Montana Code Annotated § 30-3-109 — Definite Time, with citation guidance and answers to common questions.
§ 30-3-109. Definite Time
Definite time. (1) A promise or order is "payable at a definite time" if it is payable on elapse of a definite period of time after sight or acceptance or at a fixed date or dates or at a time or times readily ascertainable at the time the promise or order is issued, subject to the rights of: (a) prepayment; (b) acceleration; (c) extension at the option of the holder; or (d) extension to a further definite time at the option of the maker or acceptor or automatically upon or after a specified act or event. (2) If an instrument, payable at a fixed date, is also payable upon demand made before the fixed date, the instrument is payable on demand until the fixed date and, if demand for payment is not made before that date, becomes payable at a definite time on the fixed date.
Frequently Asked Questions About Montana § 30-3-109
What does Montana Code Annotated § 30-3-109 cover?
Section 30-3-109 ("Definite Time") 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 § 30-3-109?
A common citation format is "Montana Code Annotated § 30-3-109" (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 § 30-3-109 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.