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Current as of January 01, 2024 | Updated by FindLaw Staff
A proposal is revoked by:
(1) the communication of notice of revocation by the proposer to the other party in the manner prescribed by 28-2-501 and 28-2-502 before the other party's acceptance has been communicated to the proposer;
(2) the lapse of the time prescribed in the proposal for its acceptance or, if no time is prescribed, the lapse of a reasonable time without communication of the acceptance;
(3) the failure of the acceptor to fulfill a condition precedent to acceptance; or
(4) the death or serious mental illness of the proposer.
Cite this article: FindLaw.com - Montana Title 28. Contracts and Other Obligations § 28-2-512. How proposal revoked - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-28-contracts-and-other-obligations/mt-code-ann-sect-28-2-512/
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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