Mont. Code Ann. § 71-3-537

Acknowledgment of satisfaction of lien – penalty

Whenever any indebtedness that is a lien upon any real estate, structure, building, or other improvement is paid and satisfied, it is the duty of the creditors to acknowledge satisfaction of the indebtedness in the same manner as a mortgage. If a creditor fails to acknowledge satisfaction, the creditor is liable to any person injured by the failure to the amount of the injury and the costs of action.

History:
En. Sec. 841, 5th Div. Rev. Stat. 1879
Re-en. Sec. 1385, 5th Div. Comp. Stat. 1887
Amd. Sec. 2141, C. Civ. Proc. 1895
Re-en. Sec. 7301, Rev. C. 1907
Re-en. Sec. 8350, R.C.M. 1921
Re-en. Sec. 8350, R.C.M. 1935
R.C.M. 1947, 45-512
Sec. 71-3-515, MCA 1985
Redes. 71-3-537 by Code Commissioner, 1987
Amd. Sec. 2278, Ch. 56, L. 2009 (HB 37 - Campbell, Margarett (D) HD 31)