Statutes, codes, and regulations
Montana Administrative Code
Department 2 - ADMINISTRATIONChapter 2.59 - BANKING AND FINANCIAL INSTITUTIONS
Subchapter 2.59.15 - Deferred Deposit Lending
Rule 2.59.1503 - UNENCUMBERED ASSETS AS ADDITIONAL SURETY

Mont. Admin. r. 2.59.1503

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Current through Register Vol. 1, January 10, 2025
Rule 2.59.1503 - UNENCUMBERED ASSETS AS ADDITIONAL SURETY
(1) The statutorily required $25,000 in unencumbered assets shall serve as additional surety for the licensee's operations. These assets shall remain unencumbered.

Mont. Admin. r. 2.59.1503

NEW, 2000 MAR p. 71, Eff. 11/5/99; TRANS, from Commerce, 2001 MAR p. 1178.

31-1-702, MCA; IMP, 31-1-702, 31-1-705, MCA;