Montana Statutes
§ 17-6-346 — Interest Rates And Repayment Of Intermediary Loan -- Terms
Montana § 17-6-346
JurisdictionMontana
Title 17STATE FINANCE
Ch. 6DEPOSITS AND INVESTMENTS
Part 3Montana In-State Investment
This text of Montana § 17-6-346 (Interest Rates And Repayment Of Intermediary Loan -- Terms) 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. § 17-6-346 (2026).
Text
17-6-346 . Interest rates and repayment of intermediary loan -- terms.
(1)The interest rate on an intermediary loan made pursuant to 17-6-345 may not exceed 2% a year for a period of 30 years.
(2)For the first 3 years, repayment on the intermediary loan is of the interest only, and for the remainder of the term of the intermediary loan, the repayment is principal and interest.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
En. Sec. 2, Ch. 183, L. 2003.
Nearby Sections
15
§ 17-6-102
Insurance On Deposits§ 17-6-103
Security For Deposits Of Public Funds§ 17-6-202
Investment Funds -- General Provisions§ 17-6-203
Separate Investment Funds§ 17-6-206
Reserved§ 17-6-207
Investment Of State Cabin Site Sales§ 17-6-208
Through 17-6-210 Reserved§ 17-6-212
State Purchase Of General Fund WarrantsCite This Page — Counsel Stack
Bluebook (online)
Montana § 17-6-346, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/6/17-6-346.