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First Page

228

Last Page

272

Document Type

Article

Abstract

This Article is about needed updates to Montana’s Uniform Commercial Code. The Uniform Commercial Code provides a structure of rules to facilitate commerce. This Article begins by explaining where the Uniform Commercial Code came from and when Montana enacted it. It then summarizes Montana’s historical amendments to its Uniform Commercial Code and points out a pattern of amendments following new industries or significant changes to existing industries. It highlights the development and expansion of multiple new industries related to e-commerce and cryptocurrency. It then walks through insufficient or outdated aspects of Montana’s Uniform Commercial Code and explains how the Uniform Law Commission’s proposed 2022 amendments provide needed updates. It recommends Montana adopt these amendments to update its Uniform Commercial Code.

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