28-2-1703. Extinction of executory obligations of contract by destruction, cancellation, or alteration. (1) The intentional destruction, cancellation, or material alteration of a written contract by a party entitled to any benefit under the contract or with the party's consent extinguishes all the executory obligations of the contract in that party's favor against parties who do not consent to the act.
(2) When a contract is executed in duplicate, an alteration or destruction of one copy while the other exists is not within the provisions of subsection (1).
History: En. Secs. 2283, 2284, Civ. C. 1895; re-en. Secs. 5069, 5070, Rev. C. 1907; re-en. Secs. 7571, 7572, R.C.M. 1921; Cal. Civ. C. Secs. 1700, 1701; Field Civ. C. Secs. 845, 846; re-en. Secs. 7571, 7572, R.C.M. 1935; R.C.M. 1947, 13-909, 13-910; amd. Sec. 788, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 28. Contracts and Other Obligations
Part 17. Extinction of Contracts -- Rescission
28-2-1701. How contract extinguished
28-2-1702. Extinction of written contract by destruction or cancellation
28-2-1704. through 28-2-1710 reserved
28-2-1711. When party may rescind
28-2-1712. When stipulation against rescission ineffective
28-2-1713. How rescission accomplished
28-2-1714. When rescission may be adjudged
28-2-1715. When rescission may be adjudged for mistake
28-2-1716. Power of court to require party rescinding to do equity