Legal Opinion

Thiel v. TAURUS DRILLING LTD. 1980-II

Montana Supreme Court

Decided December 23, 1985No. 84-352PublishedCited by 48 opinions

1Opinion of the CourtJustice Weber

*204The United States District Court for the District of Montana has certified the following question to this Court:

“What statute or statutes of limitation apply to civil actions brought pursuant to Section 30-10-307, MCA, of the Securities Act of Montana?”

Based upon the pleadings in this case, we hold that the 8-year limitation period contained in Section 27-2-202(1), MCA, applies.

On September 16, 1980, plaintiffs John L. Thiel and Kathryn M. Thiel purchased two limited partnership units in Taurus Drilling Limited 1980-11, a Colorado limited partnership organized to explore and drill for oil and…

2Cases cited16 opinions

  1. Wilson v. GarciaSupreme Court of the United States · 1985
  2. Johnson v. Railway Express Agency, Inc.Supreme Court of the United States · 1975
  3. Board of Regents of Univ. of State of NY v. TomanioSupreme Court of the United States · 1980
  4. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  5. Hughes v. ReedCourt of Appeals for the Tenth Circuit · 1931

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

3Cited by48 opinions

  1. Morgan v. BaldwinSouth Dakota Supreme Court · 1990
  2. Corporate Air v. Edwards Jet CenterMontana Supreme Court · 2008
  3. Regional Transportation District v. VossSupreme Court of Colorado · 1995
  4. Dawson v. ReiderSupreme Court of Colorado · 1994
  5. Erickson v. CroftMontana Supreme Court · 1988

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

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