Montana Code 71-3-110. Enforcement of obligation by creditor
Current as of: 2023 | Check for updates
|
Other versions
71-3-110. Enforcement of obligation by creditor. The existence of a lien, as security for the performance of an obligation, does not affect the right of the creditor to enforce the obligation without regard to the lien.
Terms Used In Montana Code 71-3-110
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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.