Montana Commercial Credit & Collection Information
INTEREST RATE
STATUTE OF LIMITATIONS
(IN YEARS)
- Open Acct.: 5
- Written Contract: 8
- Domestic Judgment: 6
(over $5000) Renewable
- Foreign Judgment: 6
Renewable
BAD CHECK LAWS (CIVIL
PENALTY)
Up to $50,000 and 10 years imprisonment
GENERAL GARNISHMENT
EXEMPTIONS
See federal law.
COLLECTION AGENCY BOND
& LICENSE
- Bond: No
- License: No
- Fee: No
Caveats:
Foreign corporations should register with MT Sec. of State prior to any
suit in MT Courts or risk dismissal.
Attorney fees only if provided by a signed written agreement
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