Administrative Rules of Montana
Department 2 - ADMINISTRATION
Chapter 2.59 - BANKING AND FINANCIAL INSTITUTIONS
Subchapter 2.59.15 - Deferred Deposit Lending
Rule 2.59.1504 - OWNERSHIP CHANGE IN THE DEFERRED DEPOSIT LENDER
Universal Citation: MT Admin Rules 2.59.1504
Current through Register Vol. 18, September 20, 2024
(1) In the event there is a change of ownership in a licensee, the owner(s) shall file with the department an application for a new license. For purposes of this rule, a change in ownership includes circumstances when 25% or more of the ownership is transferred to a new owner.
31-1-702, MCA; IMP, 31-1-702, 31-1-705, MCA;
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