Montana § 33-18-222 - Market Price
Full text of Montana Montana Code Annotated § 33-18-222 — Market Price, with citation guidance and answers to common questions.
§ 33-18-222. Market Price
Market price. (1) For purposes of 33-18-221 , 33-18-223 , and 33-18-224 , "market price" means the: (a) price agreed upon between the insurer and the business; or (b) prevailing competitive rate that is reasonable and necessary in the local area where the repairs are to be performed. (2) The market price may not be less than cost as provided in 30-14-209 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-18-222
What does Montana Code Annotated § 33-18-222 cover?
Section 33-18-222 ("Market Price") 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 § 33-18-222?
A common citation format is "Montana Code Annotated § 33-18-222" (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 § 33-18-222 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.