Montana Code 1-4-207. Compromise or settlement of a debt by unsealed writing
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1-4-207. Compromise or settlement of a debt by unsealed writing. An agreement in writing without a seal for the compromise or settlement of a debt is as obligatory as if a seal were affixed.
Terms Used In Montana Code 1-4-207
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
- Writing: includes printing. See Montana Code 1-1-203