Montana Code 28-1-1201. When obligation extinguished by offer of performance
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28-1-1201. When obligation extinguished by offer of performance. An obligation is extinguished by an offer of performance made in conformity to the rules prescribed in this part and with intent to extinguish the obligation.
Terms Used In Montana Code 28-1-1201
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.