{"data":{"id":"us-mt/30-9a-205","jurisdiction":"us-mt","citation":"30-9A-205","heading":"Use or disposition of collateral permissible.","body":"(1) A security interest is not invalid or fraudulent against creditors solely because:\n(a) the debtor has the right or ability to:\n(i) use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n(ii) collect, compromise, enforce, or otherwise deal with collateral;\n(iii) accept the return of collateral or make repossessions; or\n(iv) use, commingle, or dispose of proceeds; or\n(b) the secured party fails to require the debtor to account for proceeds or replace collateral.\n(2) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["TITLE 30. TRADE AND COMMERCE","CHAPTER 9A. UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS","Part 2. Effectiveness of Security Agreement -- Attachment of Security Interest -- Rights of Parties to Security Agreement"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_009A/part_0020/section_0050/0300-009A-0020-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:12Z","sha256":"a9ce741f63fb18cd24133067876f4a4f23692a9ccbfbd079e81a396183a597a4","source_id":"us-mt","stale":false,"prev":"us-mt/30-9a-204","next":"us-mt/30-9a-206"},"notice":"GroundRules: Original legal text. Not legal advice."}