Montana Code 30-14-1103. Requirements for contracts

30-14-1103. Requirements for contracts. (1) A consumer contract must be written in plain language.

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Terms Used In Montana Code 30-14-1103

Consumer: means an individual who borrows money or leases or obtains property or services under a written agreement. See Montana Code 30-14-1102
Consumer contract: means an agreement for the sale, lease, or loan of money, property, or services primarily for personal, family, or household purposes. See Montana Code 30-14-1102
Contract: A legal written agreement that becomes binding when signed.

(2)A consumer contract is written in plain language if:

(a)it is written in a clear and coherent manner using words with common and everyday meanings;

(b)it is appropriately divided and captioned by its various sections;

(c)it uses type of readable size;

(d)it uses ink that contrasts with the paper.

Part 11 Contents