61-4-531. Nondelegable. The liabilities and obligations contained in this part may not be delegated or assigned to or assumed by any other person or entity.

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Terms Used In Montana Code 61-4-531

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • person: means an individual, corporation, partnership, limited partnership, limited liability company, association, joint venture, state agency, local government unit, another state government, the United States, a political subdivision of this or another state, or any other legal or commercial entity. See Montana Code 61-1-101