{"data":{"id":"us-mt/71-2-106","jurisdiction":"us-mt","citation":"71-2-106","heading":"Obligations of pledge holder.","body":"(1) A pledge holder for reward may not be self-exonerated from the pledge holder's undertaking. A gratuitous pledge holder may be self-exonerated only by giving reasonable notice to the pledgor and pledgee to appoint a new pledge holder and, if they fail to agree, by depositing the property pledged with some impartial person, who will then be entitled to a reasonable compensation for that person's care of the property.\n(2) A pledge holder shall enforce all the rights of the pledgee unless authorized by the pledgee to waive those rights.","path":["TITLE 71. MORTGAGES, PLEDGES, AND LIENS","CHAPTER 2. PLEDGES","Part 1. Pledges in General"],"source_url":"https://mca.legmt.gov/bills/mca/title_0710/chapter_0020/part_0010/section_0060/0710-0020-0010-0060.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:58:51Z","sha256":"4200eb7a52f186f3279731bf9bdfe0d7d9230b8e03eda414d3e122f7308988e2","source_id":"us-mt","stale":false,"prev":"us-mt/71-2-105","next":"us-mt/71-2-107"},"notice":"GroundRules: Original legal text. Not legal advice."}