US lawMontanaStatutesTitle 30Chapter 11Part 530-11-501Mont. Code Ann. § 30-11-501Sale by auction definedLast amended: 1977Year: 2026Length: 23 wordsOfficial source 30-11-501 . Sale by auction defined. A sale by auction is a sale by public outcry to the highest bidder on the spot.NextMont. Code Ann. § 30-11-502