Montana Statutes
§ 32-5-311 — Precomputed Interest Prohibited
Montana § 32-5-311
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 5CONSUMER LOAN BUSINESSES
Part 3Operation of Business -- Restrictions and Requirements
This text of Montana § 32-5-311 (Precomputed Interest Prohibited) 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. § 32-5-311 (2026).
Text
32-5-311 . Precomputed interest prohibited. All consumer loans made or refinanced under this chapter must be made on simple interest, and the interest on consumer loans made or refinanced under this chapter may not be precomputed.
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Legislative History
En. Sec. 14, Ch. 173, L. 2013.
Nearby Sections
15
§ 32-5-101
Short Title§ 32-5-102
Definitions§ 32-5-104
Repealed§ 32-5-201
License And Renewal Application Fees§ 32-5-203
Conduct Of Other Business In Same Office§ 32-5-204
Repealed§ 32-5-205
Surrender Of License§ 32-5-208
Reinstatement§ 32-5-301
Fees Charged To Consumers§ 32-5-302
Installment And Balloon PaymentsCite This Page — Counsel Stack
Bluebook (online)
Montana § 32-5-311, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/5/32-5-311.