Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.59 - BANKING AND FINANCIAL INSTITUTIONS
Subchapter 2.59.15 - Deferred Deposit Lending
Rule 2.59.1503 - UNENCUMBERED ASSETS AS ADDITIONAL SURETY
Universal Citation: MT Admin Rules 2.59.1503
Current through Register Vol. 18, September 20, 2024
(1) The statutorily required $25,000 in unencumbered assets shall serve as additional surety for the licensee's operations. These assets shall remain unencumbered.
31-1-702, MCA; IMP, 31-1-702, 31-1-705, MCA;
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