Montana § 32-3-802 Purpose -- Membership

Montana Statutes

§ 32-3-802 — Purpose -- Membership

Montana § 32-3-802

Title 32FINANCIAL INSTITUTIONS

Ch. 3CREDIT UNIONS

Part 8Corporate Credit Unions

This text of Montana § 32-3-802 (Purpose -- Membership) 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. § 32-3-802 (2026).

Text

32-3-802 . Purpose -- membership.

(1)A corporate credit union must be operated primarily for the purpose of serving other credit unions.

(2)Membership in a corporate credit union must include credit unions organized and operating under this chapter or under any other credit union law.

(3)Membership may also include:

(a)officers, directors, committee members, and employees of credit unions; or

(b)organizations and associations of those persons or organizations enumerated in subsections (2) and (3)(a).

(4)The membership of a corporate credit union may not include more than seven natural persons as described in subsection (3)(a).

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32-3-802 . Purpose -- membership. (1) A corporate credit union must be operated primarily for the purpose of serving other credit unions.
(2) Membership in a corporate credit union must include credit unions organized and operating under this chapter or under any other credit union law.
(3) Membership may also include:
(a) officers, directors, committee members, and employees of credit unions; or
(b) organizations and associations of those persons or organizations enumerated in subsections (2) and (3)(a).
(4) The membership of a corporate credit union may not include more than seven natural persons as described in subsection (3)(a).