28-2-801. What constitutes good consideration. Any benefit conferred or agreed to be conferred upon the promisor by any other person, to which the promisor is not lawfully entitled, or any prejudice suffered or agreed to be suffered by the person, other than prejudice that the person is at the time of consent lawfully bound to suffer, as an inducement to the promisor is a good consideration for a promise.
History: En. Sec. 2160, Civ. C. 1895; re-en. Sec. 5001, Rev. C. 1907; re-en. Sec. 7503, R.C.M. 1921; Cal. Civ. C. Sec. 1605; Field Civ. C. Sec. 780; re-en. Sec. 7503, R.C.M. 1935; R.C.M. 1947, 13-501; amd. Sec. 784, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 28. Contracts and Other Obligations
28-2-801. What constitutes good consideration
28-2-802. Extent to which existing legal or moral obligation is good consideration
28-2-803. Consideration to be lawful -- effect of illegality
28-2-804. Written instrument presumptive evidence of consideration
28-2-805. Burden of proof of want of consideration
28-2-806. through 28-2-810 reserved
28-2-811. Applicability of rules concerning object to executory consideration
28-2-812. How amount of executory consideration may be determined
28-2-813. Determination by interested party
28-2-814. Effect of impossibility of designated exclusive method of determination