Montana Title 33. Insurance and Insurance Companies § 33-2-1370. Claims of secured creditors

(1) The value of any security held by a secured creditor must be determined in one of the following ways, as the court may direct:

(2) The determination must be under the supervision and control of the court with due regard for the recommendation of the liquidator. The amount determined must be credited upon the secured claim, and any deficiency must be treated as an unsecured claim. If the claimant surrenders the claimant's security to the liquidator, the entire claim must be allowed as if unsecured.