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4 chapters · 155 sections in this title.
Mont. Code Ann. § 31-1-101 Loan Of Money -- What Constitutes
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A loan of money is a contract by which a person delivers a sum of money to another person and the other person agrees to return at a future time a sum equivalent to that which the other person borrowed. A loan for mere use is governed by the law on loan for use.
Mont. Code Ann. § 31-1-102 Loan To Be Repaid In Current Money
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A borrower of money, unless there is an express contract to the contrary, must pay the amount due in such money as is current at the time when the loan becomes due, whether such money is worth more or less than the actual money lent.
Mont. Code Ann. § 31-1-103 Loan Presumed To Be On Interest
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Whenever a loan of money is made, it is presumed to be made upon interest unless it is otherwise expressly stipulated at the time in writing.
Mont. Code Ann. § 31-1-104 Interest Defined
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Interest is the compensation allowed by law or fixed by the parties for the use or forbearance or detention of money and includes loan origination fees, points, and prepaid finance charges, as defined in 12 CFR 226.2.