Montana § 72-26-706 - Liability To Third Persons
Full text of Montana Montana Code Annotated § 72-26-706 — Liability To Third Persons, with citation guidance and answers to common questions.
§ 72-26-706. Liability To Third Persons
Liability to third persons. (1) A claim may be asserted against the custodial property by proceeding against the custodian in the custodial capacity, whether or not the custodian or the minor is personally liable therefor when it is based on: (a) a contract entered into by a custodian acting in a custodial capacity; (b) an obligation arising from the ownership or control of custodial property; or (c) a tort committed during the custodianship. (2) A custodian is not personally liable: (a) on a contract properly entered into in the custodial capacity unless the custodian fails to reveal that capacity and to identify the custodianship in the contract; or (b) for an obligation arising from control of custodial property or for a tort committed during the custodianship unless the custodian is personally at fault. (3) A minor is not personally liable for an obligation arising from ownership of custodial property or for a tort committed during the custodianship unless the minor is personally at fault.
Frequently Asked Questions About Montana § 72-26-706
What does Montana Code Annotated § 72-26-706 cover?
Section 72-26-706 ("Liability To Third Persons") 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 § 72-26-706?
A common citation format is "Montana Code Annotated § 72-26-706" (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 § 72-26-706 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.