Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Montana · Title 80 — Agriculture · Chapter 12 · Part 2

80-12-201. Loan agreements -- general provisions.

148 words·~1 min read·/mt/title-80/chapter-12/part-2/80-12-201·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

80-12-201 . Loan agreements -- general provisions.
(1)Each loan approved by the authority for issuance of a bond must include a loan agreement providing a payment schedule that may not exceed 30 years.
(2)The agreement must specify a reasonable rate of interest, which rate may be a variable rate provided the method of determination is contained in the loan agreement.
(3)Loans approved by the authority for issuance of a bond may be secured by any liens or collateral the financial institution considers necessary.
(4)The money received under a loan agreement may be used for:
(a)acquisition of farm or ranch land;
(b)a downpayment on the acquisition of farm or ranch land;
(c)acquisition or construction of depreciable property used in the operation of a farm or ranch; or
(d)production of energy using an alternative renewable energy source as defined in 15-6-225 .
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.