27-18-413. Personal property subject to a security interest. Personal property subject to a security interest may be taken on attachment issued at the suit of a creditor (other than the secured party) of the debtor under the security agreement; but before the property is taken, the officer levying the writ must pay or tender to the secured party the amount of the security agreement debt and interest or must deposit the same with the county treasurer of the county in which the financing statement covering the security agreement is filed if such statement is filed with a county clerk and recorder or, if such statement is filed with another filing officer pursuant to law, with such other filing officer, payable to the order of the secured party.
History: En. Sec. 1, Ch. 111, L. 1921; re-en. Sec. 9291, R.C.M. 1921; re-en. Sec. 9291, R.C.M. 1935; amd. Sec. 11-162, Ch. 264, L. 1963; R.C.M. 1947, 93-4338(part); amd. Sec. 43, Ch. 12, L. 1979.
Structure Montana Code Annotated
Title 27. Civil Liability, Remedies, and Limitations
Chapter 18. Prejudgment Attachment
Part 4. Manner of Attaching Property
27-18-401. Sheriff to take custody of books and evidences of title
27-18-402. Real property in defendant's name
27-18-403. Real property in another's name
27-18-404. Personal property capable of manual delivery
27-18-406. Money, credits, or other property in control of public officer or board
27-18-407. Liability of third persons controlling property or debts and served by sheriff
27-18-409. Investment securities and stocks
27-18-410. Corporate stock -- service on secretary of state
27-18-411. Duty of secretary of state -- fees
27-18-412. Interest of defendant in decedent's estate