Montana Code Annotated
Part 5. Default
30-2A-525. Lessor's right to possession of goods

30-2A-525. Lessor's right to possession of goods. (1) If a lessor discovers the lessee to be insolvent, the lessor may refuse to deliver the goods.
(2) After a default by the lessee under the lease contract of the type described in 30-2A-523(1) or (3)(a) or, if agreed, after other default by the lessee, the lessor has the right to take possession of the goods. If the lease contract so provides, the lessor may require the lessee to assemble the goods and make them available to the lessor at a place to be designated by the lessor that is reasonably convenient to both parties. Without removal, the lessor may render unusable any goods employed in trade or business and may dispose of goods on the lessee's premises (30-2A-527).
(3) The lessor may proceed under subsection (2) without judicial process if it can be done without breach of the peace or the lessor may proceed by action.
History: En. Sec. 79, Ch. 410, L. 1991.

Structure Montana Code Annotated

Montana Code Annotated

Title 30. Trade and Commerce

Chapter 2A. Uniform Commercial Code Leases

Part 5. Default

30-2A-501. Default -- procedure

30-2A-502. Notice after default

30-2A-503. Modification or impairment of rights and remedies

30-2A-504. Liquidation of damages

30-2A-505. Cancellation and termination -- effect of cancellation, termination, rescission, or fraud on rights and remedies

30-2A-506. Statute of limitations

30-2A-507. Proof of market rent -- time and place

30-2A-508. Lessee's remedies

30-2A-509. Lessee's rights on improper delivery -- rightful rejection

30-2A-510. Installment lease contracts -- rejection and default

30-2A-511. Merchant lessee's duties as to rightfully rejected goods

30-2A-512. Lessee's duties as to rightfully rejected goods

30-2A-513. Cure by lessor of improper tender or delivery -- replacement

30-2A-514. Waiver of lessee's objections

30-2A-515. Acceptance of goods

30-2A-516. Effect of acceptance of goods -- notice of default -- burden of establishing default after acceptance -- notice of claim or litigation to person answerable over

30-2A-517. Revocation of acceptance of goods

30-2A-518. Cover -- substitute goods

30-2A-519. Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods

30-2A-520. Lessee's incidental and consequential damages

30-2A-521. Lessee's right to specific performance or replevin

30-2A-522. Lessee's right to goods on lessor's insolvency

30-2A-523. Lessor's remedies

30-2A-524. Lessor's right to identify goods to lease contract

30-2A-525. Lessor's right to possession of goods

30-2A-526. Lessor's stoppage of delivery in transit or otherwise

30-2A-527. Lessor's rights to dispose of goods

30-2A-528. Lessor's damages for nonacceptance, failure to pay, repudiation, or other default

30-2A-529. Lessor's action for rent

30-2A-530. Lessor's incidental damages

30-2A-531. Standing to sue third parties for injury to goods

30-2A-532. Lessor's rights to residual interest