Montana § 61-4-106 - Transfer Of License
Full text of Montana Montana Code Annotated § 61-4-106 — Transfer Of License, with citation guidance and answers to common questions.
§ 61-4-106. Transfer Of License
Transfer of license. A registered dealer, broker, auto auction, or wholesaler who sells or disposes of the dealer's, broker's, auto auction's, or wholesaler's entire business to another person or seeks to change the applicant's name, ownership interest in the business, corporate officer or managing member of the business entity, or a person designated by the applicant to manage or oversee the applicant's business shall file with the department a statement containing the name of the registered dealer, broker, auto auction, or wholesaler, the number under which the business is registered, the name of the purchaser, and the location of the place of business sold. Upon the filing of the statement, and a new license application form as originally required under 61-4-101 , along with a filing fee of $2, the department shall examine the license application of the purchaser as required under 61-4-101 .
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 61-4-106
What does Montana Code Annotated § 61-4-106 cover?
Section 61-4-106 ("Transfer Of License") 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 § 61-4-106?
A common citation format is "Montana Code Annotated § 61-4-106" (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 § 61-4-106 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.