30-9A-302. Law governing perfection and priority of agricultural liens. Subject to the provisions of 30-9A-501, while farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.

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Terms Used In Montana Code 30-9A-302

  • Farm products: means goods, other than standing timber, with respect to which the debtor is engaged in a farming operation and that are:

    (i)crops grown, growing, or to be grown, including:

    (A)crops produced on trees, vines, and bushes; and

    (B)aquatic goods produced in aquacultural operations;

    (ii)livestock, born or unborn, including aquatic goods produced in aquacultural operations;

    (iii)supplies used or produced in a farming operation; or

    (iv)products of crops or livestock in their unmanufactured states. See Montana Code 30-9A-102

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.