31-1-234. Transfer of equity -- fee. A buyer may transfer the buyer's equity in the goods at any time to another person upon agreement by the holder, but the holder of the contract is entitled to a transfer of equity fee that may not exceed $50.
History: En. Sec. 7, Ch. 282, L. 1959; R.C.M. 1947, 74-607(part); amd. Sec. 1, Ch. 434, L. 1983; amd. Sec. 974, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 1. Credit Transactions
Part 2. Retail Installment Sales
31-1-202. Definitions -- scope
31-1-203. Notice and opportunity for hearing -- service -- penalties -- exception
31-1-205. through 31-1-210 reserved
31-1-211. Powers of department
31-1-212. Investigations and complaints
31-1-213. through 31-1-220 reserved
31-1-221. Licensing of sales finance companies required
31-1-224. through 31-1-230 reserved
31-1-231. Requirements of retail installment contracts
31-1-232. Buyer's right of rescission
31-1-234. Transfer of equity -- fee
31-1-236. Notice and receipt of payment
31-1-237. through 31-1-240 reserved
31-1-241. Finance charge limitation