Montana § 69-12-326 - Lease Of Certificate
Full text of Montana Montana Code Annotated § 69-12-326 — Lease Of Certificate, with citation guidance and answers to common questions.
§ 69-12-326. Lease Of Certificate
Lease of certificate. (1) An authorized carrier operating within the state may lease its certificate or any integral segment thereof to another carrier only by approval of the commission. The contract or lease under which the certificate is leased must be in writing and approved by the commission prior to any operation under the certificate. The contract or lease must specify: (a) the period for which a certificate is to be leased, which shall not be less than 30 days; (b) the compensation to be paid; (c) the time or date upon which the lease will commence and terminate; and (d) the signatures of the parties thereto. (2) Operation under the certificate is prohibited until approved by the commission in writing. During the period of the contract or lease, transportation movements under the contract or lease must be performed by the entity contracting for or leasing the certificate, or any integral segment thereof, while transportation movements by the owner (lessor) are prohibited.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 69-12-326
What does Montana Code Annotated § 69-12-326 cover?
Section 69-12-326 ("Lease Of Certificate") 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 § 69-12-326?
A common citation format is "Montana Code Annotated § 69-12-326" (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 § 69-12-326 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.