Montana § 31-1-236 - Notice And Receipt Of Payment

Full text of Montana Montana Code Annotated § 31-1-236 — Notice And Receipt Of Payment, with citation guidance and answers to common questions.

§ 31-1-236. Notice And Receipt Of Payment

Notice and receipt of payment. (1) Upon written request from the buyer, the holder of a retail installment contract shall give or forward to the buyer a written statement of the dates and amounts of payments and the total amount unpaid under the contract. A buyer must be given a written receipt for any payment when made in cash. (2) After payment of all sums for which the buyer is obligated under a contract, the holder shall deliver or mail to the buyer, at the buyer's last-known address, one or more good and sufficient instruments to acknowledge payment in full and shall release all security in the goods or in any collateral security.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 31-1-236

What does Montana Code Annotated § 31-1-236 cover?

Section 31-1-236 ("Notice And Receipt Of Payment") 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 § 31-1-236?

A common citation format is "Montana Code Annotated § 31-1-236" (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 § 31-1-236 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.