EQUIPMENT PURCHASE AND SALE AGREEMENT
Governed by Montana UCC Article 2 (Mont. Code Ann. Section 30-2-101 et seq.).
KEY PROVISIONS
- Late Payment: 10% per annum statutory rate (Mont. Code Ann. Section 31-1-106)
- Risk of Loss: Mont. Code Ann. Section 30-2-509
- Inspection/Rejection: Mont. Code Ann. Sections 30-2-513, 30-2-601, 30-2-602
- Warranties: Mont. Code Ann. Sections 30-2-314, 30-2-315, 30-2-316
- Remedies: Mont. Code Ann. Sections 30-2-706, 30-2-712, 30-2-718, 30-2-719
- Trade Secrets: Montana UTSA (Mont. Code Ann. Section 30-14-401 et seq.)
- E-Signatures: Montana UETA (Mont. Code Ann. Section 30-18-101 et seq.)
- Forum: District Court for Yellowstone County or Lewis and Clark County
EXECUTION
☐ All placeholders completed ☐ Montana-licensed counsel review