Limitation on loans
The total liabilities of any person, partnership, or corporation to any association for money borrowed, however secured, including in the liabilities of a partnership, the liabilities of the several members thereof, shall at no time exceed 20% of the amount of the assets of such association.
Limitation on loans Repealed
The total liabilities of any person, partnership, or corporation to any association for money borrowed, Sec. 136, Ch. 431, L. 2021. however secured, including in the liabilities of a partnership, the liabilities of the several members thereof, shall at no time exceed 20% of the amount of the assets of such association.
| EnactedEn. SectionSec. 41, ChapterCh. 57, Laws ofL. 1927 |
| ReenactedRe-en. SectionSec. 6355.42, Revised Codes of MontanaR.C.M. 1935 |
| Revised Codes of MontanaR.C.M. 1947, 7-143. |