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Montana Statutes, Title 30

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Montana/Statutes

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Title 30, Title 30

28 chapters · 1,200 sections in this title.

All chapters in Title 301,200 Ch 14, UNFAIR TRADE PRACTICES AND CONSUMER …199 Ch 9A, UNIFORM COMMERCIAL CODE SECURED TRAN…153 Ch 2, UNIFORM COMMERCIAL CODE SALES103 Ch 11, SALES100 Ch 2A, UNIFORM COMMERCIAL CODE LEASES80 Ch 10, SECURITIES REGULATION80 Ch 3, UNIFORM COMMERCIAL CODE NEGOTIABLE I…69 Ch 13, ASSUMED BUSINESS NAMES, TRADEMARKS, …58 Ch 8, UNIFORM COMMERCIAL CODE INVESTMENT S…51 Ch 4, UNIFORM COMMERCIAL CODE BANK DEPOSIT…41 Ch 7, UNIFORM COMMERCIAL CODE -- WAREHOUSE…41 Ch 12, WEIGHTS, MEASURES, STANDARDS, AND LA…41 Ch 4A, UNIFORM COMMERCIAL CODE FUNDS TRANSFERS38 Ch 1, UNIFORM COMMERCIAL CODE GENERAL PROV…21

12 sections·Filtered byTitle 30✕Ch 19✕

Mont. Code Ann. § 30-19-101 Short Title
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This part may be cited as the "Montana Rental-Purchase Agreement Act".
Mont. Code Ann. § 30-19-102 Purpose
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(1) The legislature finds that the rental-purchase industry is unique in its structure of providing a service to Montana consumers, in that the business transaction involved is not a credit transaction, does not create a debt or a security interest, and is not a simple rental or …
Mont. Code Ann. § 30-19-103 Definitions
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As used in this part, the following definitions apply: (1) "Advertisement" means a commercial message in any medium that aids, promotes, or assists, directly or indirectly, a rental-purchase agreement but does not include price tags, window signs, or other in-store merchandising …
Mont. Code Ann. § 30-19-104 Exemptions Of Applicability
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(1) The provisions of this part are not subject to laws relating to: (a) retail installment sales contracts as defined in 31-1-202; (b) security interests regulated by the provisions of Title 30, chapters 1 through 9A; (c) leases regulated by the provisions of Title 30, chapter 2…

Mont. Code Ann. § 30-19-109 Disclosure Of Information

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(1) A lessor shall disclose to the consumer the information provided for in 30-19-110. (2) The disclosure must be made at or before consummation of the rental-purchase agreement. (3) The disclosure must be made clearly and conspicuously in writing, and a copy of the rental-purcha…

Mont. Code Ann. § 30-19-110 Information Required In Disclosure

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For each rental-purchase agreement, the lessor shall disclose the following items in the agreement: (1) the total number, the amount, and the timing of all rental payments necessary to acquire ownership of the property; (2) a statement that the consumer will not have an ownership…

Mont. Code Ann. § 30-19-111 Provisions Prohibited In Agreements

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A rental-purchase agreement may not contain: (1) a confession of judgment; (2) a negotiable instrument; (3) a security interest or any other claim of property interest in any property except the property delivered by the lessor pursuant to the rental-purchase agreement; (4) a wag…

Mont. Code Ann. § 30-19-112 Reinstatement Of Agreement -- Repossession

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(1) A consumer who fails to make a timely rent payment may reinstate the agreement, without losing any rights or options that existed in the original agreement, by paying: (a) all past-due rent payments; (b) the next rent payment; (c) reasonable pickup and redelivery costs if the…

Mont. Code Ann. § 30-19-113 Written Receipt For Cash Or Money Order

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A lessor shall provide the consumer, at the consumer's request, a written receipt for any payment made by cash or money order.

Mont. Code Ann. § 30-19-114 Renegotiation Of Rental-Purchase Agreement -- Extension Not Considered Renegotiation

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(1) A renegotiation of an agreement must occur when an existing agreement is satisfied and replaced by a new agreement between the lessor and the consumer. A renegotiation is considered a new agreement and requires new disclosures as provided for in 30-19-110. The following event…

Mont. Code Ann. § 30-19-115 Advertisement Of Rental-Purchase Agreement

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(1) An advertisement for an agreement that refers to or states the monetary amount of any payment and the right to acquire ownership of property must clearly and conspicuously state: (a) that the transaction advertised is a rental-purchase agreement; (b) the total payments necess…

Mont. Code Ann. § 30-19-116 Enforcement -- Bona Fide Errors

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(1) Except when inconsistent with the provisions of this part, a violation of this part is a violation of Title 30, chapter 14, part 1. (2) (a) A lessor may not be held liable for a violation of the provisions of this part if the lessor proves by a preponderance of evidence that …