Montana Statutes

§ 32-3-705 — Special Reserves

Montana § 32-3-705
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 3CREDIT UNIONS
Part 7Investments and Reserves

This text of Montana § 32-3-705 (Special Reserves) 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. § 32-3-705 (2026).

Text

32-3-705 . Special reserves. In addition to the regular reserve account, special reserves to protect the interest of members must be established:

(1)when required by regulation; or
(2)when found by the board of directors of the credit union or by the department of administration to be necessary.

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Legislative History

En. 14-663 by Sec. 63, Ch. 38, L. 1975; R.C.M. 1947, 14-663; amd. Sec. 2, Ch. 274, L. 1981; amd. Sec. 97, Ch. 483, L. 2001; amd. Sec. 39, Ch. 237, L. 2003.

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Bluebook (online)
Montana § 32-3-705, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/3/32-3-705.