Montana § 30-3-422 - Obligation Of Acceptor
Full text of Montana Montana Code Annotated § 30-3-422 — Obligation Of Acceptor, with citation guidance and answers to common questions.
§ 30-3-422. Obligation Of Acceptor
Obligation of acceptor. (1) An acceptor of a draft is obliged to pay the draft: (a) according to its terms at the time it was accepted, even though the acceptance states that the draft is payable "as originally drawn" or equivalent terms; (b) if the acceptance varies the terms of the draft, according to the terms of the draft as varied; or (c) if the acceptance is of a draft that is an incomplete instrument, according to its terms when completed as stated in 30-3-115 and 30-3-407 . (2) The obligation is owed to a person entitled to enforce the draft or to the drawer or an indorser that paid the draft pursuant to 30-3-423 or 30-3-414 . (3) If the certification of a check or other acceptance of a draft states the amount certified or accepted, the obligation of the acceptor is that amount. The obligation of the acceptor is the amount of the instrument at the time it was negotiated to the holder in due course if: (a) the certification or acceptance does not state an amount; (b) the instrument is subsequently altered by raising its amount; and (c) the instrument is then negotiated to a holder in due course.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 30-3-422
What does Montana Code Annotated § 30-3-422 cover?
Section 30-3-422 ("Obligation Of Acceptor") 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 § 30-3-422?
A common citation format is "Montana Code Annotated § 30-3-422" (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 § 30-3-422 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.