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Current as of January 01, 2024 | Updated by Findlaw Staff
A loan of money is a contract by which a person delivers a sum of money to another person and the other person agrees to return at a future time a sum equivalent to that which the other person borrowed. A loan for mere use is governed by the law on loan for use.
Cite this article: FindLaw.com - Montana Title 31. Credit Transactions and Relationships § 31-1-101. Loan of money--what constitutes - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-31-credit-transactions-and-relationships/mt-st-31-1-101/
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