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Can I offer a money-back guarantee for my product or service in Montana? What are the requirements?

Here is the response to your query:

Money-back Guarantee in Montana

Montana law does not have specific provisions regarding money-back guarantees for products or services. However, Montana law does have provisions regarding guarantees and deposits for utility services and commodity dealers.

Guarantees for Utility Services

If you are a guarantor for a utility service in Montana, the guarantee must be in writing and state the terms of the guarantee, the maximum amount guaranteed, and that the utility shall not hold the guarantor liable for sums in excess thereof unless agreed to in a separate written instrument [1.1].

Deposits for Utility Services

If you are required to provide a deposit for a utility service in Montana, the deposit, less any outstanding balance, shall be transferable and applicable to the new service location if you transfer your service to a new location within the same utility’s service area, within the state of Montana [1.4].

Guarantees for Commodity Dealers

If you are a commodity dealer in Montana, you must have a license issued by the department and provide a sufficient and valid bond as specified in 80-4-604, plus the bond specified in subsection (5)(a)(i) or (5)(a)(ii) if applicable, or as specified in subsection (5)(a)(iii) [2.1].

Conclusion

Montana law does not have specific provisions regarding money-back guarantees for products or services. However, if you are a guarantor for a utility service or a commodity dealer in Montana, there are specific requirements that you must follow.

Source(s):
Jurisdiction

Montana