Montana Statutes
§ 32-7-111 — Transferability
Montana § 32-7-111
JurisdictionMontana
Title 32FINANCIAL INSTITUTIONS
Ch. 7ESCROW BUSINESSES
Part 1Regulation of Escrow Businesses
This text of Montana § 32-7-111 (Transferability) 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. § 32-7-111 (2026).
Text
32-7-111 . Transferability. An escrow business license is not transferable or assignable. The provisions of this section apply to the change of ownership of a legal entity licensed as an escrow business under this part if the change of ownership involves a change of control in the entity. For purposes of this section, "change of control" means the transfer of 25% or more of the ownership interests in the entity.
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Legislative History
En. Sec. 7, Ch. 651, L. 1989; amd. Sec. 6, 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 ReservedCite This Page — Counsel Stack
Bluebook (online)
Montana § 32-7-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/7/32-7-111.