Mont. Code § 32-7-111

Current through the 2023 Regular Session
Section 32-7-111 - Transferability

An escrow business license is not transferable or assignable. The provisions of this section apply to the change of ownership of a legal entity licensed as an escrow business under this part if the change of ownership involves a change of control in the entity. For purposes of this section, "change of control" means the transfer of 25% or more of the ownership interests in the entity.

§ 32-7-111, MCA

Amended by Laws 2013, Ch. 216, Sec. 6, eff. 4/16/2013.
En. Sec. 7, Ch. 651, L. 1989.