Any benefit conferred or agreed to be conferred upon the promisor by any other person, to which the promisor is not lawfully entitled, or any prejudice suffered or agreed to be suffered by the person, other than prejudice that the person is at the time of consent lawfully bound to suffer, as an inducement to the promisor is a good consideration for a promise.
Mont. Code Ann. § 28-2-801
What constitutes good consideration
Applied in 1 court decision — leading case Hillerich & Bradsby Co. v. Ace American Insurance (2013)
Most recently applied in Hillerich & Bradsby Co. v. Ace American Insurance (March 2013)
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.