30-9-503. Repealed. Sec. 168, Ch. 305, L. 1999.
Montana Code Annotated
Mont. Code Ann. § 30-9-503 (2026)
Repealed
✓ current as of May 2026
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TITLE 30. TRADE AND COMMERCE
CHAPTER 9. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS (Renumbered and Repealed)
Part 5. Filing (Renumbered and Repealed)
Repealed
History: En. Sec. 9-503, Ch. 264, L. 1963; R.C.M. 1947, 87A-9-503.
Notes of Decisions
Cited in 4
cases, 1987–1994 · leading case: Martin v. Dorn Equip. Co., Inc., 821 P.2d 1025 (Mont. 1991).
Martin v. Dorn Equip. Co., Inc., 821 P.2d 1025 (Mont. 1991). “” Section 30-9-503, MCA, supplements these contractual default provisions with the following language: “Unless otherwise agreed a secured party has on default the right to take possession of the collateral.”
Montgomery v. Hunt, 738 P.2d 887 (Mont. 1987). “” It appears that Montgomery did elect to proceed under the UCC and under the UCC Section 30-9-503, MCA, Montgomery as the secured party on the default had the right to take possession of the *282 collateral and the alleged erroneous issuance of the writ of attachment to take…”
Entriken v. Motor Coach Fed. Credit Union, 845 P.2d 93 (Mont. 1992). “5030, in a provision identical to § 30-9-503, MCA, provides that "[u]nless otherwise agreed a secured party has on default the right to take possession of the collateral.”
Love v. United States, 844 F. Supp. 616 (D. Mont. 1994). “” Mont.Code Ann. § 30-9-503. Accordingly, the FmHA was authorized to take possession and exercise dominion over its secured collateral once the Loves defaulted on the various security agreements.”
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