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Current as of January 01, 2024 | Updated by FindLaw Staff
Unless the context requires otherwise, the following definitions apply in the Montana Code Annotated:
(1) “Customary” means according to usage.
(2) “Third persons” means all persons who are not parties to the obligation or transaction concerning which the phrase is used.
(3) “Usage” means a reasonable and lawful public custom concerning transactions of the same nature as those which are to be affected thereby, existing at the place where the obligation is to be performed, and either known to the parties or so well established, general, and uniform that the parties must be presumed to have acted with reference thereto.
(4) “Usual” means according to usage.
Cite this article: FindLaw.com - Montana Title 1. General Laws and Definitions § 1-1-206. Terms relating to obligations and transactions - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-1-general-laws-and-definitions/mt-code-ann-sect-1-1-206/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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