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Current as of January 01, 2024 | Updated by Findlaw Staff
In the case of a motor vehicle, trailer, semitrailer, pole trailer, camper, motorboat, personal watercraft, sailboat, or snowmobile, a transaction does not create a sale or security interest solely because it permits or requires that the rental price be adjusted either upward or downward under the agreement by reference to the amount realized upon the sale or other disposition of the motor vehicle, trailer, semitrailer, pole trailer, camper, motorboat, personal watercraft, sailboat, or snowmobile. To the extent that a conflict exists, this section supersedes any other provision of law.
Cite this article: FindLaw.com - Montana Title 61. Motor Vehicles § 61-3-110. Contract rental price adjustment--not sale or security interest - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-61-motor-vehicles/mt-st-61-3-110/
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 before relying on it for your legal needs.
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