Montana Statutes
§ 32-7-103 — Exemptions
Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 7 ESCROW BUSINESSES·Part 1 Regulation of Escrow Businesses
32-7-103 . Exemptions.
(1)The provisions of this part do not apply to the following:
(a)a person licensed by this state pursuant to Title 37, chapter 61, as an attorney at law who is not actively engaged in the escrow business;
(b)a person licensed by this state pursuant to Title 37, chapter 50, as a public accountant who is not actively engaged in the escrow business;
(c)a person whose principal business is that of preparing abstracts or making searches of title that are used as a basis for the issuance of any title insurance policy by a company doing business under the laws of this state relating to insurance companies and the person is regulated by the commissioner of insurance;
(d)a person licensed pursuant to Title 32, chapter 9, part 1, as a mortgage broker, mortgage lender, or
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Legislative History
En. Sec. 3, Ch. 651, L. 1989; amd. Sec. 1057, Ch. 56, L. 2009; amd. Sec. 3, Ch. 317, L. 2011; amd. Sec. 2, Ch. 216, L. 2013.
Nearby Sections
15
§ 32-7-101
Title And Purpose§ 32-7-102
Definitions§ 32-7-103
Exemptions§ 32-7-105
Through 32-7-107 Reserved§ 32-7-108
Department -- Powers And Duties§ 32-7-110
Fees§ 32-7-111
Transferability§ 32-7-112
Department Authority To Utilize Nationwide Licensing System For Licensing Escrow Businesses§ 32-7-113
And 32-7-114 Reserved§ 32-7-115
Maintenance Of Records§ 32-7-116
Statement Of Account§ 32-7-118
Through 32-7-120 Reserved