House Bill No. introduced by S. Fitzpatrick aims to revise the laws concerning actions to foreclose a lien by establishing a requirement for filing a notice of action. The bill amends Section 71-3-562 of the Montana Code Annotated (MCA) to stipulate that a person who has filed an action against a contracting owner must file a notice of action to foreclose the lien with the clerk and recorder no later than 90 days after the expiration of the limitation period. This notice must include essential details such as the parties involved, the court location, the legal description of the property, and the date of the complaint filing, along with a copy of the complaint.

Additionally, the bill introduces a provision that discharges the lien if the notice of action to foreclose is not filed within the specified 90-day period following the expiration of the limitation period. This amendment aims to streamline the foreclosure process and ensure that all parties are adequately notified of actions taken regarding liens.

Statutes affected:
LC Text: 71-3-562
HB0465_1(1): 71-3-562
HB0465_1(2): 71-3-562
HB0465_1(3): 71-3-562
HB0465_1(4): 71-3-562
HB0465_1(5): 71-3-562
HB0465_1: 71-3-562
HB0465_2(1): 71-3-562
HB0465_2(10): 71-3-562
HB0465_2(2): 71-3-562
HB0465_2(3): 71-3-562
HB0465_2(4): 71-3-562
HB0465_2(5): 71-3-562
HB0465_2(6): 71-3-562
HB0465_2(7): 71-3-562
HB0465_2(8): 71-3-562
HB0465_2(9): 71-3-562
HB0465_2: 71-3-562