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Montana Code Annotated (2001)
Table of Contents
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TITLE 32. FINANCIAL INSTITUTIONS
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CHAPTER 1. BANKS AND TRUST COMPANIES
Part 5. Dissolution, Closing, and Liquidation
Current Version
2025
,
2023
,
2021
,
2019
,
2017
,
2015
,
2013
,
2011
,
2009
,
2007
,
2005
,
2003
, 2001,
1999
,
1997
,
1995
32-1-501
- Dissolution and disincorporation
32-1-502
- Grounds for closing bank
32-1-503
- Bank insolvent when
32-1-504
- Deposits in insolvent bank
32-1-505
- Penalty for receiving deposits when insolvent or for making false statements
32-1-506
- Assessment on capital stock to make good impairment
32-1-507
- Power of closed banks to borrow money from governmental agencies
32-1-508
- Corporate existence -- ceases when
32-1-509
- Taxes on banks which have ceased to do business
32-1-510
- Penalty for maliciously declaring bank insolvent
32-1-511
- Bank may be placed in department's possession
32-1-512
- Effect of posting notice
32-1-513
- Taking possession of bank -- notice
32-1-514
- Resumption after closing
32-1-515
- Powers of department on closing bank -- court proceedings
32-1-516
- Recourse of aggrieved bank -- injunction
32-1-517
- Department may retain bank employees -- liquidating agent's salary and expenses
32-1-518
- Compensation of agents and attorneys
32-1-531
- Notice to creditors of insolvent bank
32-1-532
- Claims -- allowance and rejection
32-1-533
- Payment of claims
32-1-534
- Claims -- order of payment -- priorities
32-1-535
- Claims -- partial payments -- assignments
32-1-536
- Deposit of funds in department's hands
32-1-537
- Disposition of unclaimed funds
32-1-538
- Disposition of assets remaining after payment of claims
32-1-551
- Liquidating officer's powers and duties
32-1-552
- Further duties of liquidating officer
32-1-553
- Department to file inventory -- report required -- exception
32-1-561
- Definitions
32-1-562
- Power of department
32-1-563
- Powers of officers
32-1-564
- Notice of bank closing
32-1-565
- Effect of closing