Montana Code > Title 71 > Chapter 3 > Part 7 – Crop Liens for Seed or Grain and Liens for Hail Insurance
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Terms Used In Montana Code > Title 71 > Chapter 3 > Part 7 - Crop Liens for Seed or Grain and Liens for Hail Insurance
- 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.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Property: means real and personal property. See Montana Code 1-1-205
- 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