Montana Code > Title 32 > Chapter 2 > Part 11 – Federal Deposit Insurance Corporation


§ 32-2-1101	Definition of savings institution
§ 32-2-1102	Savings institutions empowered to receive federal deposit insurance corporation aid
§ 32-2-1103	Appointment of corporation as agent in liquidation
§ 32-2-1104	Subrogation of corporation
§ 32-2-1105	Examinations by corporation
§ 32-2-1106	Closed savings institutions empowered to borrow from corporation

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Department: means the department of administration provided for in 2-15-1001. See Montana Code 32-2-603
Deposit: has the meaning provided in 12 C. See Montana Code 32-2-603
Federal Deposit Insurance Corporation: A government corporation that insures the deposits of all national and state banks that are members of the Federal Reserve System. ^{Source: OCC}
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Mutual association: means any corporation that has been incorporated to conduct the business of receiving money on deposit from its members and making substantially all of its loans on one-to-four family real estate mortgage security. See Montana Code 32-2-603
savings institution: means a mutual association that is organized under the laws of this state. See Montana Code 32-2-1101
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201