Montana Statutes
§ 30-10-1108 — Source Of Payment Of Whistleblower Award
Montana·Title 30 TRADE AND COMMERCE·Ch. 10 SECURITIES REGULATION·Part 11 Whistleblower Award and Protection Act
30-10-1108 . Source of payment of whistleblower award.
(1)The commissioner is authorized to order that a whistleblower award is paid:
(a)directly to a known whistleblower; or
(b)for an anonymous whistleblower, to counsel for the whistleblower as provided in 30-10-1106 , who shall distribute the award to the anonymous whistleblower.
(2)Any whistleblower award under this part must be paid solely from the monetary sanction collected in the related administrative or judicial action and has first priority over other payment or disbursement.
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Legislative History
En. Sec. 8, Ch. 76, L. 2021.
Nearby Sections
15
§ 30-10-1001
Short Title§ 30-10-1002
Purpose§ 30-10-1003
Definitions§ 30-10-1005
Eligibility§ 30-10-1006
Application For Restitution Assistance -- Maximum Amount Of Restitution Assistance Award§ 30-10-1008
Rulemaking Authority§ 30-10-101
Short Title§ 30-10-102
Policy§ 30-10-103
Definitions§ 30-10-104
Exempt Securities§ 30-10-106
Proof Of Exemption§ 30-10-107
Administration§ 30-10-108
And 30-10-109 Reserved