Montana § 30-10-1103 Definitions

Montana Statutes

§ 30-10-1103 — Definitions

Montana § 30-10-1103

Title 30TRADE AND COMMERCE

Ch. 10SECURITIES REGULATION

Part 11Whistleblower Award and Protection Act

This text of Montana § 30-10-1103 (Definitions) 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. § 30-10-1103 (2026).

Text

30-10-1103 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:

(1)"Commissioner" has the meaning provided in 30-10-103 .

(2)(a) "Monetary sanction" means any money, including penalties, disgorgement, and interest ordered to be paid as a result of an administrative or judicial action.

(b)The term does not include restitution.

(3)"Original information" means information that is:

(a)derived from the independent knowledge or analysis of a whistleblower;

(b)not already known to the commissioner from any other source, unless the whistleblower is the original source of the information;

(c)not exclusively derived from an allegation made in an administrative or judicial hearing, in a governmental report, hearing, audit, or investigatio

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30-10-1103 . Definitions. As used in this part, unless the context requires otherwise, the following definitions apply:
(1) "Commissioner" has the meaning provided in 30-10-103 .
(2) (a) "Monetary sanction" means any money, including penalties, disgorgement, and interest ordered to be paid as a result of an administrative or judicial action.
(b) The term does not include restitution.
(3) "Original information" means information that is:
(a) derived from the independent knowledge or analysis of a whistleblower;
(b) not already known to the commissioner from any other source, unless the whistleblower is the original source of the information;
(c) not exclusively derived from an allegation made in an administrative or judicial hearing, in a governmental report, hearing, audit, or investigation, or from the news media, unless the whistleblower is the source of the information; and
(d) provided to the commissioner for the first time after March 24, 2021.
(4) "Whistleblower" means an individual who, alone or jointly with others, provides the state or other law enforcement agency with information pursuant to the provisions set forth in this part, and the information relates to a possible violation of state or federal securities laws, including any rules or regulations thereunder, that has occurred, is ongoing, or is about to occur.