# Mont. Code Ann. § 15-17-318: 15-17-318 Assignment of municipality's interest

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-318

## Section

- **Citation:** Mont. Code Ann. § 15-17-318
- **Heading:** 15-17-318 Assignment of municipality's interest
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 15 / Chapter 17 / Part 3 / Section 15-17-318

## Text

15-17-318 . Assignment of municipality's interest. (1) At any time after a parcel of land has been acquired by a municipality, as provided in 15-17-317 , and has not been redeemed, the treasurer of the municipality shall assign all the rights of the municipality in the property to any person who pays:

(a) the purchase price paid by the municipality;

(b) the delinquent assessments;

(c) interest on the purchase price and delinquent assessments at the rate of 5/6 of 1% a month; and

(d) penalties and costs as provided by law.

(2) The treasurer of the municipality shall execute to the person an assignment certificate, which must be in the form provided in 15-17-323 for the assignment of the interests of the county. If the assignment certificate becomes lost or accidentally destroyed by the assignee, the treasurer of the municipality shall issue a duplicate assignment certificate to the assignee after the assignee delivers to the treasurer evidence satisfactory to the treasurer, including an affidavit of the assignee, that the assignment certificate has been lost or destroyed.

(3) An assignment by a municipality under this section discharges the trust created under 15-17-317 . The municipality may also discharge the trust created under 15-17-317 by paying into the improvement fund the amount of the delinquent assessments and interest accrued on the assessments.

## Nearby sections

- [Mont. Code Ann. § 15-17-316 15-17-316 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-316.md)
- [Mont. Code Ann. § 15-17-317 15-17-317 Municipality as assignee](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-317.md)
- [Mont. Code Ann. § 15-17-318 15-17-318 Assignment of municipality's interest](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-318.md)
- [Mont. Code Ann. § 15-17-319 15-17-319 Sale or lease and disposition of proceeds from lands acquired by municipality](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-319.md)
- [Mont. Code Ann. § 15-17-320 15-17-320 Taxes and subsequent installments of special assessments on land acquired by a municipality](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-320.md)
- [Mont. Code Ann. § 15-17-322 15-17-322 Disposition of money from tax lien sale](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-322.md)
- [Mont. Code Ann. § 15-17-323 15-17-323 Assignment of rights -- form](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-323.md)
- [Mont. Code Ann. § 15-17-324 15-17-324 Assessment of property with tax lien attached](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-324.md)
- [Mont. Code Ann. § 15-17-325 15-17-325 Sale not voided by misnomer of ownership](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-325.md)
- [Mont. Code Ann. § 15-17-326 15-17-326 Voided tax lien -- refund -- limitation on action for royalty interest](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-326.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C17_P3_S15-17-318. Check the current official text before relying on it. Not legal advice.