Montana Code > Title 18 > Chapter 2 > Part 2 – Performance, Labor, and Materials Bonds


§ 18-2-201	Security requirements
§ 18-2-202	Failure to require security — waiver
§ 18-2-203	Amount and terms of security
§ 18-2-204	Right of action on security — notice
§ 18-2-205	Effect of dealing with subcontractor
§ 18-2-206	Notice to contractor concerning subcontractor
§ 18-2-207	Costs — attorney fees
§ 18-2-208	Exceptions

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Contract: A legal written agreement that becomes binding when signed.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
Trustee: A person or institution holding and administering property in trust.
United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
Writing: includes printing. See Montana Code 1-1-203