Montana § 32-1-440 Financial Institution's Responsibility To Provide Notice When Funds Become Available For Withdrawal

Montana Statutes

§ 32-1-440 — Financial Institution's Responsibility To Provide Notice When Funds Become Available For Withdrawal

Montana § 32-1-440

Title 32FINANCIAL INSTITUTIONS

Ch. 1BANKS AND TRUST COMPANIES

Part 4Operation and Regulation

This text of Montana § 32-1-440 (Financial Institution's Responsibility To Provide Notice When Funds Become Available For Withdrawal) 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. § 32-1-440 (2026).

Text

32-1-440 . Financial institution's responsibility to provide notice when funds become available for withdrawal.

(1)A depository bank shall provide clear and conspicuous written notice of the time periods and exceptions to the periods concerning when funds become available for withdrawal as of right on deposit by check or similar instrument in the customer's deposit account. The notice must state the cutoff hour, if any, fixed by the financial institution after which an item is treated as being received at the opening of the next business day.

(2)This notice must be:

(a)provided to a potential customer prior to opening a deposit account; and

(b)posted in a conspicuous manner at each financial institution, automated teller machine location, or other device that accepts deposits.

(3)A de

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32-1-440 . Financial institution's responsibility to provide notice when funds become available for withdrawal. (1) A depository bank shall provide clear and conspicuous written notice of the time periods and exceptions to the periods concerning when funds become available for withdrawal as of right on deposit by check or similar instrument in the customer's deposit account. The notice must state the cutoff hour, if any, fixed by the financial institution after which an item is treated as being received at the opening of the next business day.
(2) This notice must be:
(a) provided to a potential customer prior to opening a deposit account; and
(b) posted in a conspicuous manner at each financial institution, automated teller machine location, or other device that accepts deposits.
(3) A deposit slip, envelope, or any other printed form furnished by the depository financial institution for use in connection with deposits must contain the following notice, printed in a conspicuous manner: "Your deposit may not be available for immediate withdrawal. Consult posted notices for further information."