Statutes > Montana Statutes > TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS > CHAPTER 2. DEBTOR AND CREDITOR RELATIONSHIPS > Part 1. General Provisions -- Definitions > 31-2-102. Creditor defined.

31-2-102. Creditor defined.


     31-2-102. Creditor defined. A creditor is a person in whose favor an obligation exists, by reason of which the person is or may become entitled to the payment of money.

     History: En. Sec. 4481, Civ. C. 1895; re-en. Sec. 6123, Rev. C. 1907; re-en. Sec. 8599, R.C.M. 1921; Cal. Civ. C. Sec. 3430; Field Civ. C. Sec. 1914; re-en. Sec. 8599, R.C.M. 1935; R.C.M. 1947, 18-102; amd. Sec. 981, Ch. 56, L. 2009.