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This is an obsolete version of the rule. Please click on the rule number to view the current version.

32.18.105    BRAND OWNERSHIP AND TRANSFER

(1) Brand ownership is valid only if the owner's name is recorded in the department.

(2) Names may be recorded in the following manner only: "x and y", or "x or y"; the designation "and/or" is not acceptable.

(a) A brand recorded in "x and y" designates tenants in common.

(b) A brand recorded in "x or y" designates joint tenancy with right of survivor ship.

(3) A brand may be transferred only if the signatures of all recorded owners or their assignees appear on the transfer.

History: 81-1-102, MCA; IMP, 81-1-102, 81-3-102, 81-3-103, MCA; NEW, 1983 MAR p. 739, Eff. 7/1/83; AMD, 2012 MAR p. 1257, Eff. 6/22/12.

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