Montana Statutes
§ 31-1-711 — Examinations -- Fee
Montana·Title 31 CREDIT TRANSACTIONS AND RELATIONSHIPS·Ch. 1 CREDIT TRANSACTIONS·Part 7 Montana Deferred Deposit Loan Act
31-1-711 . Examinations -- fee.
(1)The department may conduct an examination of each licensee's deferred deposit lending operation to ensure that the licensee is in compliance with the provisions of this part.
(2)(a) A licensee shall pay the department a fee in the amount of $37.50 an hour for each examiner required to conduct an examination.
(b)The department may charge a licensee for no more than three examinations a year under this section.
(3)A licensee shall make available to a department examiner the information required under 31-1-714 or as required by rule.
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Legislative History
En. Sec. 6, Ch. 404, L. 1999; amd. Sec. 6, Ch. 451, L. 2007; amd. Sec. 5, Ch. 81, L. 2009.
Nearby Sections
15
§ 31-1-101
Loan Of Money -- What Constitutes§ 31-1-102
Loan To Be Repaid In Current Money§ 31-1-103
Loan Presumed To Be On Interest§ 31-1-104
Interest Defined§ 31-1-105
Annual Rate§ 31-1-106
Legal Interest§ 31-1-107
Interest Rate Allowed By Agreement§ 31-1-109
When Interest Becomes Part Of Principal§ 31-1-110
Renumbered 25-9-205§ 31-1-111
Definition Of Regulated Lender§ 31-1-113
Limitation Of Rule Of 78ths§ 31-1-114
Reserved