Montana Constitution > Article XII – Departments and Institutions
Current as of: 2023 | Check for updates
|
Other versions
| § 1 | Agriculture |
| § 2 | Labor |
| § 3 | Institutions and assistance |
| § 4 | Montana tobacco settlement trust fund |
Terms Used In Montana Constitution > Article XII - Departments and Institutions
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.