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Legal Opinion

Pederson v. ROCKY MOUNTAIN BANK

Montana Supreme Court

Decided March 6, 2012No. DA 11-0521PublishedCited by 9 opinions

1Opinion of the CourtJustice Wheat

¶1 Scottie J. Pederson and Dawn Pederson (Pedersons) appeal from an order of the Eleventh Judicial District Court, Flathead County, dismissing their claims against Rocky Mountain Bank (Bank). We affirm.

BACKGROUND

¶2 In May 2007, the Pedersons and the Bank entered into a six-month construction loan agreement (Construction Loan) pursuant to which the Bank agreed to lend the Pedersons $202,500 for the purpose of purchasing land and placing a manufactured home on the land. The Bank also conditionally approved the Pedersons for a 30-year mortgage at a 6% interest rate.

¶3 In September 2007, the…

2Cases cited12 opinions

  1. Sacco v. High Country Independent Press, Inc.Montana Supreme Court · 1995
  2. Klein v. First Edina National BankSupreme Court of Minnesota · 1972
  3. Cartwright v. Equitable Life Assurance Society of the United StatesMontana Supreme Court · 1996
  4. Cechovic v. Hardin & Associates, Inc.Montana Supreme Court · 1995
  5. Plouffe v. StateMontana Supreme Court · 2003

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3Cited by9 opinions

  1. Schoof v. NesbitMontana Supreme Court · 2014
  2. Norbeck v. Flathead Cnty.Montana Supreme Court · 2019
  3. Schoof v. NesbitMontana Supreme Court · 2014
  4. Shepard v. Farmers Ins.Montana Supreme Court · 2020
  5. Martinell v. Board of County CommissionersMontana Supreme Court · 2016

4 more not listed; retrieve them via the Exa API.

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