MONTANA INTEREST RATE - Legal: 10%
Judgment: 10%
A binding written agreement may provide for interest of 15% or 6% above prime (whichever is more).
Exemption to Interest Law: Short Term Lenders (90 days or less) can receive high interest - 300%-400% APR
Also subject to exception are regulated lenders.
STATUTE OF LIMITATIONS (IN YEARS) - Contract not in Writing: 5
Written Contract: 8
Domestic Judgment: 10 (District Court)
(Realty lien for only 10 in District Court)
Justice of Peace Judge: 10
Tort Claim (Subrogation) Prop & Personal: 3
BAD CHECK LAWS (CIVIL PENALTY) - $100 minimum or 3 times face value up to $500 plus face value of check
and under UCC the value of the check plus $30 service charge per check.
GENERAL GARNISHMENT EXEMPTIONS - COLLECTION AGENCY BOND & LICENSE -