30-2-722. Who can sue third parties for injury to goods. Where a third party so deals with goods which have been identified to a contract for sale as to cause actionable injury to a party to that contract:
(a) a right of action against the third party is in either party to the contract for sale who has title to or a security interest or a special property or an insurable interest in the goods; and if the goods have been destroyed or converted a right of action is also in the party who either bore the risk of loss under the contract for sale or has since the injury assumed that risk as against the other;
(b) if at the time of the injury the party plaintiff did not bear the risk of loss as against the other party to the contract for sale and there is no arrangement between them for disposition of the recovery, the party plaintiff's suit or settlement is, subject to its own interest, as a fiduciary for the other party to the contract;
(c) either party may with the consent of the other sue for the benefit of whom it may concern.
History: En. Sec. 2-722, Ch. 264, L. 1963; R.C.M. 1947, 87A-2-722; amd. Sec. 884, Ch. 56, L. 2009.
Structure Montana Code Annotated
Chapter 2. Uniform Commercial Code Sales
30-2-701. Remedies for breach of collateral contracts not impaired
30-2-702. Seller's remedies on discovery of buyer's insolvency
30-2-703. Seller's remedies in general
30-2-705. Seller's stoppage of delivery in transit or otherwise
30-2-706. Seller's resale including contract for resale
30-2-707. "Person in the position of a seller"
30-2-708. Seller's damages for nonacceptance or repudiation
30-2-709. Action for the price
30-2-710. Seller's incidental damages
30-2-711. Buyer's remedies in general -- buyer's security interest in rejected goods
30-2-712. "Cover" -- buyer's procurement of substitute goods
30-2-713. Buyer's damages for nondelivery or repudiation
30-2-714. Buyer's damages for breach in regard to accepted goods
30-2-715. Buyer's incidental and consequential damages
30-2-716. Buyer's right to specific performance or recovery of goods
30-2-717. Deduction of damages from the price
30-2-718. Liquidation or limitation of damages -- deposits
30-2-719. Contractual modification or limitation of remedy
30-2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach
30-2-722. Who can sue third parties for injury to goods
30-2-723. Proof of market price -- time and place