Montana Statutes
§ 32-2-818 — Requirements Of State Mutual Association
Montana § 32-2-818
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 2MUTUAL SAVINGS AND LOAN ASSOCIATIONS
Part 8Formation and Reorganization
This text of Montana § 32-2-818 (Requirements Of State Mutual Association) 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. § 32-2-818 (2026).
Text
32-2-818 . Requirements of state mutual association. A mutual association must have its qualified thrift investments:
(1)equal or exceed 50% of its portfolio assets; and
(2)continue to equal or exceed 50% of its assets on a monthly average basis in 9 out of every 12 months.
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Legislative History
En. Sec. 29, Ch. 431, L. 2021.
Nearby Sections
15
§ 32-2-1001
Dissolution And Disincorporation§ 32-2-1002
Grounds For Closing Mutual Association§ 32-2-1003
When Mutual Association Insolvent§ 32-2-1004
Deposits In Insolvent Mutual Associations§ 32-2-1007
Corporate Existence -- Cessation§ 32-2-101
Repealed§ 32-2-1010
Resumption After Closing§ 32-2-1013
Department May Retain Mutual Association Employees -- Liquidating Agent's Salary And Expenses§ 32-2-1014
Compensation Of Agents And AttorneysCite This Page — Counsel Stack
Bluebook (online)
Montana § 32-2-818, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/2/32-2-818.