30-11-507. Auctioneer's authority from the bidder. An auctioneer has authority from a bidder at the auction, as well as from the seller, to bind both by a memorandum of sale as prescribed in 30-11-504.
History: En. Sec. 3161, Civ. C. 1895; re-en. Sec. 5462, Rev. C. 1907; re-en. Sec. 7977, R.C.M. 1921; Cal. Civ. C. Sec. 2363; Field Civ. C. Sec. 1265; re-en. Sec. 7977, R.C.M. 1935; amd. Sec. 11-145, Ch. 264, L. 1963; Sec. 66-202, R.C.M. 1947; amd. and redes. 74-707 by Sec. 7, Ch. 263, L. 1977; R.C.M. 1947, 74-707.
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