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Mont. Code Ann. § 27-1-105

Obligation defined

Applied in 2 court decisions — leading case 790 F. Supp. 1014 - Thornock v. Pack River Management Co. (1990)

Most recently applied in Thornock v. Washington Insurance Guaranty Association Thornock (September 1991)

En

An obligation is a legal duty by which one person is bound to do or not to do a certain thing and arises from:

(1) contract; or

(2) operation of law.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.