Montana § 32-2-910 Authority Of State Mutual Associations To Make Real Estate Loans -- Borrower Insurance Requirements

Montana Statutes

§ 32-2-910 — Authority Of State Mutual Associations To Make Real Estate Loans -- Borrower Insurance Requirements

Montana § 32-2-910

Title 32FINANCIAL INSTITUTIONS

Ch. 2MUTUAL SAVINGS AND LOAN ASSOCIATIONS

Part 9Operation and Regulation

This text of Montana § 32-2-910 (Authority Of State Mutual Associations To Make Real Estate Loans -- Borrower Insurance Requirements) 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. § 32-2-910 (2026).

Text

32-2-910 . Authority of state mutual associations to make real estate loans -- borrower insurance requirements.

(1)A state mutual association has the same authority to make loans on real estate that is given by acts of congress or the federal reserve system to federal savings associations.

(2)A mutual association that is subject to this section may not require a borrower, as a condition of obtaining or maintaining a loan secured by real property, to provide insurance on improvements to real property in an amount that exceeds the reasonable replacement value of the improvements.

Free access — add to your briefcase to read the full text and ask questions with AI

32-2-910 . Authority of state mutual associations to make real estate loans -- borrower insurance requirements. (1) A state mutual association has the same authority to make loans on real estate that is given by acts of congress or the federal reserve system to federal savings associations.
(2) A mutual association that is subject to this section may not require a borrower, as a condition of obtaining or maintaining a loan secured by real property, to provide insurance on improvements to real property in an amount that exceeds the reasonable replacement value of the improvements.