Montana Code > Title 28 > Chapter 10 > Part 6 – Rights and Liabilities of Principal
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Terms Used In Montana Code > Title 28 > Chapter 10 > Part 6 - Rights and Liabilities of Principal
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Third persons: means all persons who are not parties to the obligation or transaction concerning which the phrase is used. See Montana Code 1-1-206