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3 chapters · 231 sections in this title.
Mont. Code Ann. § 71-2-101 Definitions
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(1) "Pledge" is a deposit of personal property by way of security for the performance of another's act. (2) A pledgor and pledgee may agree upon a third person with whom to deposit the property pledged, who, if the third person accepts the deposit, is called a "pledge holder".
Mont. Code Ann. § 71-2-102 When Contract Considered A Pledge
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Every contract by which the possession of personal property is transferred as security only is to be deemed a pledge.
Mont. Code Ann. § 71-2-103 Delivery Required
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The lien of a pledge is dependent on possession, and no pledge is valid until the property pledged is delivered to the pledgee or to a pledge holder, as hereafter prescribed.
Mont. Code Ann. § 71-2-104 Pledgee Or Pledge Holder For Reward
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A pledgee or a pledge holder for reward assumes the duties and liabilities of a depositary for reward.
Mont. Code Ann. § 71-2-105 Gratuitous Pledge Holder
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A gratuitous pledge holder assumes the duties and liabilities of a gratuitous depositary.