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Montana Title 71. Mortgages, Pledges, and Liens § 71-2-110. Debtor's misrepresentation of value of pledge

Current as of January 01, 2024 | Updated by Findlaw Staff

When a debtor has obtained credit or an extension of time by a fraudulent misrepresentation of the value of property pledged by or for the debtor, the creditor may demand a further pledge to correspond with the value represented and in default of a further pledge may recover the debt immediately, though it is not actually due.

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Cite this article: FindLaw.com - Montana Title 71. Mortgages, Pledges, and Liens § 71-2-110. Debtor's misrepresentation of value of pledge - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-71-mortgages-pledges-and-liens/mt-st-71-2-110/

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