Montana § 71-3-301 - Priority When Assignment Of Property Made
Full text of Montana Montana Code Annotated § 71-3-301 — Priority When Assignment Of Property Made, with citation guidance and answers to common questions.
§ 71-3-301. Priority When Assignment Of Property Made
Priority when assignment of property made. In all assignments of property made by any person to trustees or assignees on account of the inability of the person, at the time of the assignment, to pay the person's debts or in proceedings of insolvency, the wages of the miners, mechanics, salespersons, servants, clerks, or laborers employed by the person, to the amount actually owed and for services rendered within the previous 4 months, are preferred claims and must be paid by the trustees or assignees before any other creditor of the assignor.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 71-3-301
What does Montana Code Annotated § 71-3-301 cover?
Section 71-3-301 ("Priority When Assignment Of Property Made") 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 § 71-3-301?
A common citation format is "Montana Code Annotated § 71-3-301" (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 § 71-3-301 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.