Montana Code > Title 32 > Chapter 3 > Part 8 – Corporate Credit Unions


§ 32-3-801	Organization
§ 32-3-802	Purpose — membership
§ 32-3-803	Voting representative — conflict of interest
§ 32-3-804	Additional rights and powers — department rules
§ 32-3-805	Membership capital accounts
§ 32-3-806	Fixed assets — department rules
§ 32-3-807	Corporate reserves — department rules
§ 32-3-808	Annual audit
§ 32-3-809	Contracts and written agreements
§ 32-3-810	Paid-in capital defined — authorized

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Amortization: Paying off a loan by regular installments.
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Contract: A legal written agreement that becomes binding when signed.
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.
Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) ^{Source: OCC}
Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
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