{"data":{"id":"us-mt/30-19-114","jurisdiction":"us-mt","citation":"30-19-114","heading":"Renegotiation of rental-purchase agreement -- extension not considered renegotiation.","body":"(1) A renegotiation of an agreement must occur when an existing agreement is satisfied and replaced by a new agreement between the lessor and the consumer. A renegotiation is considered a new agreement and requires new disclosures as provided for in 30-19-110. The following events may not be treated as a renegotiation:\n(a) the addition or return of property in a multiple-item agreement or in the substitution of the rental property, if in either case the average payment allocable to a payment period is not changed by more than 25%;\n(b) a deferral or extension of one or more periodic payments or portions of a periodic payment;\n(c) a reduction in charges in the agreement; or\n(d) an agreement involved in a court proceeding.\n(2) An extension of an agreement is not a renegotiation.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 19. RENTAL AND RENTAL-PURCHASE AGREEMENTS","Part 1. Montana Rental-Purchase Agreement Act"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0190/part_0010/section_0140/0300-0190-0010-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:41Z","sha256":"191f564d03f4cd5633c33f2b316a19bfb306a569f7e2ab0aa35bba9139f6309f","source_id":"us-mt","stale":false,"prev":"us-mt/30-19-113","next":"us-mt/30-19-115"},"notice":"GroundRules: Original legal text. Not legal advice."}
