Montana Code 32-1-412. Limits on excessive borrowing
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32-1-412. Limits on excessive borrowing. The department may prevent excessive borrowing by an institution that would have a significant effect on the institution’s safety and soundness. If it appears to the department that an institution’s borrowing is having a significant effect on the institution’s safety and soundness, the department may require the institution to reduce its borrowing within a timeframe determined by the department.
Terms Used In Montana Code 32-1-412
- Department: means the department of administration provided for in Title 2, chapter 15, part 10. See Montana Code 32-1-109