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Current as of January 01, 2024 | Updated by Findlaw Staff
It is unlawful for any manufacturer or wholesale distributor of motor vehicles to sell or enter into a contract for the sale of motor vehicles to any motor vehicle dealer on the condition or under an agreement, expressed or implied, that the dealer will finance the purchase or sale of any motor vehicle or vehicles only through a designated finance company or finance agency. Any such condition, agreement, or understanding is against the public policy of the state, and such condition, agreement, or understanding is unlawful, void, and unenforceable, either at law or equity.
Cite this article: FindLaw.com - Montana Title 61. Motor Vehicles § 61-4-403. Certain financing agreements prohibited - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-61-motor-vehicles/mt-st-61-4-403/
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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