Montana Statutes
§ 32-1-503 — Bank Insolvent When
Montana § 32-1-503
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 1BANKS AND TRUST COMPANIES
Part 5Dissolution, Closing, and Liquidation
This text of Montana § 32-1-503 (Bank Insolvent When) 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. § 32-1-503 (2026).
Text
32-1-503 . Bank insolvent when. A bank is insolvent within the meaning of this chapter when all of its capital, surplus, and undivided profits are absorbed in losses and the remaining assets are not sufficient to pay and discharge its contracts, debts, and engagements.
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Legislative History
En. Sec. 88, Ch. 89, L. 1927; re-en. Sec. 6014.99, R.C.M. 1935; R.C.M. 1947, 5-1015.
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Repealed§ 32-1-105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 § 32-1-503, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/1/32-1-503.