Whenever by the terms of an obligation a party to the obligation incurs a forfeiture or a loss in the nature of a forfeiture by reason of the party's failure to comply with its provisions, the party may be relieved from the obligation upon making full compensation to the other party, except in case of a grossly negligent, willful, or fraudulent breach of duty.
Mont. Code Ann. § 28-1-104
Relief from forfeiture
Applied in 2 court decisions — leading case Frazer v. Drummond (In Re Frazer) (2007)
Most recently applied in Frazer v. Drummond (In Re Frazer) (September 2007)
En
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.