Montana Code Annotated
Part 6. Default
30-9A-605. Unknown debtor or secondary obligor

30-9A-605. Unknown debtor or secondary obligor. A secured party does not owe a duty based on its status as secured party:
(1) to a person that is a debtor or obligor, unless the secured party knows:
(a) that the person is a debtor or obligor;
(b) the identity of the person; and
(c) how to communicate with the person; or
(2) to a secured party or lienholder that has filed a financing statement against the person unless the secured party knows:
(a) that a person is a debtor; and
(b) the identity of the person.
History: En. Sec. 102, Ch. 305, L. 1999; Sec. 30-9-605, MCA 1999; redes. 30-9A-605 by Code Commissioner, 2001.

Structure Montana Code Annotated

Montana Code Annotated

Title 30. Trade and Commerce

Chapter 9A. Uniform Commercial Code Secured Transactions

Part 6. Default

30-9A-601. Rights after default -- judicial enforcement -- consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes

30-9A-602. Waiver and variance of rights and duties

30-9A-603. Agreement on standards concerning rights and duties

30-9A-604. Procedure if security agreement covers real property or fixtures

30-9A-605. Unknown debtor or secondary obligor

30-9A-606. Time of default for agricultural lien

30-9A-607. Collection and enforcement by secured party

30-9A-608. Application of proceeds of collection or enforcement -- liability for deficiency and right to surplus

30-9A-609. Secured party's right to take possession after default

30-9A-610. Disposition of collateral after default

30-9A-611. Notification before disposition of collateral

30-9A-612. Timeliness of notification before disposition of collateral

30-9A-613. Contents and form of notification before disposition of collateral -- general

30-9A-614. Contents and form of notification before disposition of collateral -- consumer-goods transaction

30-9A-615. Application of proceeds of disposition -- liability for deficiency and right to surplus

30-9A-616. Explanation of calculation of surplus or deficiency

30-9A-617. Rights of transferee of collateral

30-9A-618. Rights and duties of certain secondary obligors

30-9A-619. Transfer of record or legal title

30-9A-620. Acceptance of collateral in full or partial satisfaction -- compulsory disposition of collateral

30-9A-621. Notification of proposal to accept collateral

30-9A-622. Effect of acceptance of collateral

30-9A-623. Right to redeem collateral

30-9A-624. Waiver

30-9A-625. Remedies for secured party's failure to comply with chapter

30-9A-626. Action in which deficiency or surplus is in issue

30-9A-627. Determination of whether conduct was commercially reasonable

30-9A-628. Nonliability and limitation on liability of secured party -- liability of secondary obligor