Montana § 7-8-2213 - Terms Of Sale
Full text of Montana Montana Code Annotated § 7-8-2213 — Terms Of Sale, with citation guidance and answers to common questions.
§ 7-8-2213. Terms Of Sale
Terms of sale. (1) A sale under this part must be for cash or on terms that the board of county commissioners may approve, provided that at least 20% of the purchase price is paid in cash. All deferred payments on the purchase price of any personal property sold must bear interest at the rate of 6% a year, payable annually, and may be extended over a period of not more than 5 years. (2) A sale may not be made at public auction or to any school district without public auction for less than 90% of the appraised value. (3) The title to any property sold under the provisions of this part may not pass from the county until the purchaser or the purchaser's assigns have paid the full amount of the purchase price into the county treasury for the use and benefit of the county.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 7-8-2213
What does Montana Code Annotated § 7-8-2213 cover?
Section 7-8-2213 ("Terms Of Sale") 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 § 7-8-2213?
A common citation format is "Montana Code Annotated § 7-8-2213" (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 § 7-8-2213 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.