Montana Code 32-2-830. Loan production office — rulemaking
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32-2-830. Loan production office — rulemaking. (1) A mutual association may:
Terms Used In Montana Code 32-2-830
- Department: means the department of administration provided for in 2-15-1001. See Montana Code 32-2-603
- 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
(a)establish and maintain a loan production office only after giving notice to the department; or
(b)relocate or close a loan production office after giving notice to its customers and the department.
(2)The department may adopt rules to implement this section.