Montana § 61-4-108 - Exemptions
Full text of Montana Montana Code Annotated § 61-4-108 — Exemptions, with citation guidance and answers to common questions.
§ 61-4-108. Exemptions
Exemptions. (1) This part does not require licensure of, or restrict or prohibit a financial institution, as defined in 32-6-103 : (a) in the selling of collateral repossessed on default of a loan made by the financial institution; (b) in the conduct of a motor vehicle sales promotion in affiliation with one or more licensed dealers; or (c) in the conduct of a motor vehicle sales promotion in affiliation with a person regularly engaged in a bona fide vehicle rental business if the purpose of the sale is to dispose of used motor vehicles used in the rental business. (2) This part does not require licensure of an auctioneer whose business consists primarily of the sale of personal property other than motor vehicles. (3) This part does not require licensure of a licensed real estate broker or agent lawfully buying, selling, exchanging, taking on consignment, or acting as a broker of mobile homes.
Frequently Asked Questions About Montana § 61-4-108
What does Montana Code Annotated § 61-4-108 cover?
Section 61-4-108 ("Exemptions") 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 § 61-4-108?
A common citation format is "Montana Code Annotated § 61-4-108" (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 § 61-4-108 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.