Montana § 70-29-306 - Security For Sales On Credit

Full text of Montana Montana Code Annotated § 70-29-306 — Security For Sales On Credit, with citation guidance and answers to common questions.

§ 70-29-306. Security For Sales On Credit

Security for sales on credit. The referees may take separate mortgages and other securities for the whole or convenient portions of the purchase money of parts of the property that are directed by the court to be sold on credit for the: (1) shares of any known owner of full age, in the name of the owner; (2) shares of a minor, in the name of the guardian of the minor; and (3) other shares, in the name of the clerk of the court of the county and the clerk's successors in office.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 70-29-306

What does Montana Code Annotated § 70-29-306 cover?

Section 70-29-306 ("Security For Sales On Credit") 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 § 70-29-306?

A common citation format is "Montana Code Annotated § 70-29-306" (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 § 70-29-306 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.