Montana Statutes
§ 32-1-411 — Extent Assets May Be Pledged
Montana § 32-1-411
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 1BANKS AND TRUST COMPANIES
Part 4Operation and Regulation
This text of Montana § 32-1-411 (Extent Assets May Be Pledged) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mont. Code Ann. § 32-1-411 (2026).
Text
32-1-411 . Extent assets may be pledged. No bank, banker, or bank officer shall, except as otherwise authorized by law, pledge or hypothecate as collateral security for money borrowed its assets in a ratio exceeding 1 1/2 times the amount borrowed (except as otherwise authorized by the department).
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Legislative History
En. Sec. 99, Ch. 89, L. 1927; re-en. Sec. 6014.110, R.C.M. 1935; amd. Sec. 170, Ch. 431, L. 1975; R.C.M. 1947, 5-1026.
Nearby Sections
15
§ 32-1-1001
Definition Of Foreign Trust Company§ 32-1-1002
Appointment Of Foreign Trust Companies§ 32-1-1004
Service Of Process§ 32-1-1005
Bond§ 32-1-1006
Rights And Duties§ 32-1-1007
Solicitation Of Business§ 32-1-101
Short Title -- Application -- Purpose§ 32-1-103
Repealed§ 32-1-105
Commercial Bank Defined§ 32-1-106
Savings Bank DefinedCite This Page — Counsel Stack
Bluebook (online)
Montana § 32-1-411, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/1/32-1-411.