1-1-206. Terms relating to obligations and transactions. Unless the context requires otherwise, the following definitions apply in the Montana Code Annotated:
(1) "Customary" means according to usage.
(2) "Third persons" means all persons who are not parties to the obligation or transaction concerning which the phrase is used.
(3) "Usage" means a reasonable and lawful public custom concerning transactions of the same nature as those which are to be affected thereby, existing at the place where the obligation is to be performed, and either known to the parties or so well established, general, and uniform that the parties must be presumed to have acted with reference thereto.
(4) "Usual" means according to usage.
History: En. Sec. 16, Pol. C. 1895; re-en. Sec. 16, Rev. C. 1907; amd. Sec. 4, Ch. 4, L. 1921; re-en. Sec. 16, R.C.M. 1921; Cal. Pol. C. Sec. 17; re-en. Sec. 16, R.C.M. 1935; amd. Sec. 1, Ch. 25, L. 1947; amd. Sec. 11-114, Ch. 264, L. 1963; amd. Sec. 3, Ch. 309, L. 1977; R.C.M. 1947, 19-103(part), (15) thru (18).
Structure Montana Code Annotated
Title 1. General Laws and Definitions
Part 2. General Definitions of Terms Used in Code
1-1-201. Terms of wide applicability
1-1-202. Terms relating to procedure and the judiciary
1-1-203. Terms relating to instruments and other writings
1-1-204. Terms denoting state of mind
1-1-205. Terms relating to property and decedents' estates
1-1-206. Terms relating to obligations and transactions
1-1-208. Terms relating to legislature
1-1-209. through 1-1-213 reserved
1-1-215. Residence -- rules for determining
1-1-216. Legal holidays and business days
1-1-217. Notice -- actual and constructive
1-1-218. Words giving joint authority
1-1-219. Relationship by affinity
1-1-220. through 1-1-223 reserved
1-1-224. Observance of right to keep and bear arms
1-1-225. Arbor Day as official day of observance
1-1-226. Official observance of Montana's hunting heritage
1-1-228. American Indian heritage day
1-1-229. State teen driver safety day
1-1-230. Welcome home Vietnam veterans day