71-2-108. When pledge may not be withdrawn. A person who pledges property as security for the obligation of another cannot withdraw the property pledged except in the manner that a personal pledgor might, and if the person receives from the debtor a consideration for the pledge, the person may not withdraw it without the debtor's consent.
History: En. Sec. 3898, Civ. C. 1895; re-en. Sec. 5782, Rev. C. 1907; re-en. Sec. 8300, R.C.M. 1921; Cal. Civ. C. Sec. 2994; Field Civ. C. Sec. 1655; re-en. Sec. 8300, R.C.M. 1935; R.C.M. 1947, 65-109; amd. Sec. 2257, Ch. 56, L. 2009.
Structure Montana Code Annotated
Title 71. Mortgages, Pledges, and Liens
71-2-102. When contract considered a pledge
71-2-104. Pledgee or pledge holder for reward
71-2-105. Gratuitous pledge holder
71-2-106. Obligations of pledge holder
71-2-107. Property pledged to extent of lien
71-2-108. When pledge may not be withdrawn