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§ 28-11-420 — Montana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Montana/
  4. Title 28 - Contracts and Other Obligations/
  5. Chapter 11 - Guaranty, Indemnity, and Suretyship/
  6. Part 4 - Suretyship28-11-401. Surety Defined/
  7. § 28-11-420
Montana Legal Code

§ 28-11-420

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28-11-420. Principal's property to be taken first. Whenever property of a surety is hypothecated with property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation. History: En. Sec. 3696, Civ. C. 1895; re-en. Sec. 5693, Rev. C. 1907; re-en. Sec. 8208, R.C.M. 1921; Cal. Civ. C. Sec. 2850; Field Civ. C. Sec. 1571; re-en. Sec. 8208, R.C.M. 1935; R.C.M. 1947, 30-507.

Source: https://mca.legmt.gov/bills/mca/title_0280/chapter_0110/part_0040/section_0200/0280-0110-0040-0200.html· Version 2025