Court Opinion

ID: 9508415
Source: CourtListenerOpinion
Date Created: 2023-08-06 21:31:46.068302+00
Date Added: 2024-06-11T09:07:32.340358
License: Public Domain

MR. JUSTICE WEBER,
dissenting:
In my dissent to the original option, I concluded that in its elimination of the statutory right of judicial foreclosure with its companion right to a default judgment, the majority had decreed an unjust taking of a valuable property right from every lender in Montana who had used trust indentures. I then concluded that this Court should enforce the plain meaning of the statute and leave to the legislature any changes in the Small Tract Financing Act. I reaffirm that position.
I do approve the action of the majority in at least limiting the adverse effect of the majority opinion in the matter set forth in the Order on Rehearing. As I again review the statutes, I am unable to find any statutory justification for the distinction between trust indentures on occupied, single-family residential property, and trust indentures on other types of real property.
I encourage the Montana Legislature to review the Small Tract Fi*68nancing Act and the effect of the present opinion. In doing so they properly can consider a modification to include fair market value provisions.
I would still reverse the District Court.
MR. JUSTICE GULBRANDSON joins the foregoing dissent.