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Mont. Code Ann. § 71-3-1604

Validity of lien -- transferability

Known as the Montana Oil and Gas Owners' Lien Act

The act spans §§ 71–71 (7 sections).

En

(1) The security interest and lien granted to an interest owner under this part are not dependent on the interest owner's or operator's possession of the severed oil or gas.

(2) A change or transfer of the actual or constructive possession of or title to the severed oil or gas from an interest owner or an operator to a first purchaser or purchaser does not void or impair the security interest or lien.

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.