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Code · Montana · Title 71 — Mortgages, Pledges, and Liens · Chapter 2 · Part 1

71-2-110. Debtor's misrepresentation of value of pledge.

65 words·~1 min read·/mt/title-71/chapter-2/part-1/71-2-110·

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71-2-110 . Debtor's misrepresentation of value of pledge. 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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