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4 chapters · 155 sections in this title.
Mont. Code Ann. § 31-2-227 Property Exempt
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Property exempt from execution and insurance upon the life of the assignor do not pass to the assignee by a general assignment for the benefit of creditors unless the instrument specially mentions them and declares an intention that they should pass thereby.
Mont. Code Ann. § 31-2-228 Compensation
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In the absence of any provision in the assignment to the contrary, an assignee for the benefit of creditors is entitled to the same commissions as are allowed by law to executors and guardians, but the assignment cannot grant more and may restrict the commissions to a lesser amou…
Mont. Code Ann. § 31-2-229 Assignees Protected For Acts Done In Good Faith
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An assignee for the benefit of creditors may not be held liable for acts done in good faith in the execution of the trust merely for the reason that the assignment is afterwards adjudged void.
Mont. Code Ann. § 31-2-230 Assent Of Creditors Necessary To Modification Of Assignment
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An assignment for the benefit of creditors which has been executed and recorded so as to transfer the property to the assignee cannot afterwards be canceled or modified by the parties thereto without the consent of every creditor affected thereby.