Montana Statutes
§ 32-7-108 — Department -- Powers And Duties
Montana·Title 32 FINANCIAL INSTITUTIONS·Ch. 7 ESCROW BUSINESSES·Part 1 Regulation of Escrow Businesses
32-7-108 . Department -- powers and duties.
(1)The department shall exercise general supervision and control over persons doing escrow business in this state.
(2)In addition to the other duties imposed upon the department by law, the department shall:
(a)adopt reasonable rules necessary to effectuate the purposes of this part;
(b)conduct examinations and investigations that may be necessary to determine whether a person has engaged or is about to engage in any act or practice constituting a violation of any provisions of this part;
(c)conduct examinations, investigations, and hearings necessary and proper for the efficient administration of this part; and
(d)establish fees commensurate with the costs of issuing the license and examining an escrow business.
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Legislative History
En. Sec. 5, Ch. 651, L. 1989; amd. Sec. 1058, Ch. 56, L. 2009; amd. Sec. 3, 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