Rule 2.59.120 - REFUNDS OF FEES UPON TERMINATION OR PREPAYMENT OF COVERED LOAN(1) If a debt cancellation contract or debt suspension agreement is terminated, including, for example, when the customer prepays the covered loan, a bank shall refund to the customer any unearned fees paid for the contract unless the contract provides otherwise.(2) A bank may offer a customer a contract that does not provide for a refund only if the bank also offers that customer a bona fide option to purchase a comparable contract that provides for a refund.(3) A bank shall calculate the amount of a refund using a method at least as favorable to the customer as the actuarial method.NEW, 2011 MAR p. 2801, Eff. 12/23/11.32-1-218, MCA; IMP, 32-1-429, MCA;