30-11-504. Auctioneer's memorandum of sale. When property is sold by auction, an entry made by the auctioneer in the sale book at the time of the sale specifying the name of the person for whom the auctioneer sells, the thing sold, the price, the terms of sale, and the name of the buyer binds both the parties in the same manner as if made by the parties.
History: En. Sec. 2416, Civ. C. 1895; re-en. Sec. 5128, Rev. C. 1907; re-en. Sec. 7631, R.C.M. 1921; Cal. Civ. C. Sec. 1798; Field Civ. C. Sec. 902; re-en. Sec 7631, R.C.M. 1935; Sec. 66-219, R.C.M. 1947; amd. and redes. 74-704 by Sec. 4, Ch. 263, L. 1977; R.C.M. 1947, 74-704; amd. Sec. 926, Ch. 56, L. 2009.
Structure Montana Code Annotated
Part 5. Auction Sales and Auctioneers
30-11-501. Sale by auction defined
30-11-503. Sale under written conditions
30-11-504. Auctioneer's memorandum of sale
30-11-506. Auctioneer's authority from the seller
30-11-507. Auctioneer's authority from the bidder
30-11-508. Auctioneer -- authority and bond
30-11-509. Reciprocal privileges to nonresident auctioneers
30-11-510. Bond and sureties -- approval -- filing
30-11-511. Auctioneers ex officio
30-11-512. Assistant -- who may act and when
30-11-513. Auctioneers to designate one place of business -- partners