Montana § 17-6-319 Incentive To Financial Institution For Small Business Loan Participation

Montana Statutes

§ 17-6-319 — Incentive To Financial Institution For Small Business Loan Participation

Montana·Title 17 STATE FINANCE·Ch. 6 DEPOSITS AND INVESTMENTS·Part 3 Montana In-State Investment

17-6-319 . Incentive to financial institution for small business loan participation. A financial institution that originates a small business loan no larger than 0.05% of the balance of the Montana permanent coal tax trust fund at the end of the last-completed fiscal year is entitled to an additional service fee in the form of a discount equal to 0.5% of the board's participation in the loan. The board shall consider the additional service fee discount to the financial institution as part of the rate of return provided in 17-6-314 .

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17-6-319 . Incentive to financial institution for small business loan participation. A financial institution that originates a small business loan no larger than 0.05% of the balance of the Montana permanent coal tax trust fund at the end of the last-completed fiscal year is entitled to an additional service fee in the form of a discount equal to 0.5% of the board's participation in the loan. The board shall consider the additional service fee discount to the financial institution as part of the rate of return provided in 17-6-314 .

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