Montana Code 71-3-1211. Agister’s lien — finding — who may hold lien
71-3-1211. Agister’s lien — finding — who may hold lien. (1) The legislature finds that agisters’ liens require expeditious action to protect the welfare of the stock and to ensure that the cost to feed and care for the stock covered by the lien does not exceed the market value of the stock.
Terms Used In Montana Code 71-3-1211
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
(2)(a) If there is an express or implied contract for keeping, feeding, herding, pasturing, or ranching stock, a rancher, farmer, agister, herder, hotelkeeper, livery, stablekeeper, or reproductive technology business to whom any horses, mules, cattle, sheep, hogs, or other stock are entrusted has an agister’s lien upon the stock for the amount due for keeping, feeding, herding, pasturing, or ranching the stock.
(b)A person holding an agister’s lien pursuant to subsection (2)(a) may retain possession of the stock until the amount due is paid.