Montana § 17-6-324 Rulemaking Authority

Montana Statutes

§ 17-6-324 — Rulemaking Authority

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

17-6-324 . Rulemaking authority.

(1)The board may adopt rules to implement the provisions of this part and 17-6-211 (2). Rules adopted by the board may include:

(a)definitions of small- and medium-sized businesses;

(b)a method of committing funds to financial institutions, including guidelines for lead private financial institutions if a consortium of private financial institutions is participating in a loan made pursuant to 17-6-317 ;

(c)guidelines for graduation clauses for refinancing and early payment of loans made pursuant to 17-6-317 ;

(d)types of service fees; and

(e)types of investments to be made.

(2)The board may also adopt procedural rules to govern its proceedings.

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17-6-324 . Rulemaking authority. (1) The board may adopt rules to implement the provisions of this part and 17-6-211 (2). Rules adopted by the board may include:
(a) definitions of small- and medium-sized businesses;
(b) a method of committing funds to financial institutions, including guidelines for lead private financial institutions if a consortium of private financial institutions is participating in a loan made pursuant to 17-6-317 ;
(c) guidelines for graduation clauses for refinancing and early payment of loans made pursuant to 17-6-317 ;
(d) types of service fees; and
(e) types of investments to be made.
(2) The board may also adopt procedural rules to govern its proceedings.

Montana § 17-6-324 (Rulemaking Authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.