Montana § 81-8-234 - Financial Responsibility
Full text of Montana Montana Code Annotated § 81-8-234 — Financial Responsibility, with citation guidance and answers to common questions.
§ 81-8-234. Financial Responsibility
Financial responsibility. (1) Every livestock market or livestock dealer shall maintain a financial condition of total assets in excess of total liability, including total current assets in excess of total current liabilities. (2) Payment for livestock purchased shall be made upon completion of the sales transaction. Payment in all livestock transactions shall be made by cash, check, or draft, as defined in 30-3-104 ; by electronic funds transfer, as defined in 32-6-103 ; or by any other bankable instrument.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 81-8-234
What does Montana Code Annotated § 81-8-234 cover?
Section 81-8-234 ("Financial Responsibility") 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 § 81-8-234?
A common citation format is "Montana Code Annotated § 81-8-234" (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 § 81-8-234 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.