Statutes > Montana Statutes > TITLE 31. CREDIT TRANSACTIONS AND RELATIONSHIPS > CHAPTER 2. DEBTOR AND CREDITOR RELATIONSHIPS > Part 2. Assignments for Benefit of Creditors > 31-2-229. Assignees protected for acts done in good faith.

31-2-229. Assignees protected for acts done in good faith.


     31-2-229. Assignees protected for acts done in good faith. An assignee for the benefit of creditors may not be held liable for acts done in good faith in the execution of the trust merely for the reason that the assignment is afterwards adjudged void.

     History: En. Sec. 4534, Civ. C. 1895; re-en. Sec. 6160, Rev. C. 1907; re-en. Sec. 8640, R.C.M. 1921; Cal. Civ. C. Sec. 3472; Field Civ. C. Sec. 1947; re-en. Sec. 8640, R.C.M. 1935; R.C.M. 1947, 18-329; amd. Sec. 999, Ch. 56, L. 2009.